New CDBG Funds Housing & Micro-Enterprise Support
The CDBG CV19 Urgent Need Food Security Program addresses community needs of food insecurity by providing funding for operating expenses, program supplies, and distribution activities of the Good Shepard Food Bank which will benefit low/moderate income (LMI) persons. Eligible activities include but are not limited to, operating and program expenses, and distribution for the purpose of providing nutritious food to more than 450 partner agencies across the state, including food pantries, meal sites, schools, and senior programs.
The Micro-Enterprise Assistance Grant (MEA) Program provides grant funds to micro-enterprise businesses in non-entitlement areas through a partnership with Maine’s Small Business Development Centers and their partners. Micro-Enterprise businesses that can demonstrate loss of revenue directly due to the COVID-19 pandemic are eligible to apply. However, micro-enterprise assistance funds may not duplicate funds received through other federal, state, or local programs.
Eligible activities include grants to for-profit businesses that can be used for working capital to cover loss of revenue due to COVID-19. Maine’s Small Business Development Centers will identify and pre-qualify those businesses who are eligible for the program. Potential participants will need to document previous years’ (2019) monthly revenues as well as current, (2020) monthly revenues in order to demonstrate actual loss of revenue due to closure, show cancellations, or limited ability to operate normally due to the COVID 19 pandemic.