Business & Tech
'Pflugerville Cares' To Award $920K To Coronavirus-Impacted Firms
In partnership with Pflugerville Community Development Corp. and the chamber of commerce, the city grants program seeks to mitigate losses.
PFLUGERVILLE, TX — City officials on Monday announced the launch of Pflugerville Cares, a program to award $920,000 in grants to eligible businesses financially impacted by corrosive economic effects of the coronavirus.
The City of Pflugerville is partnering with the Pflugerville Community Development Corporation and the Pflugerville Chamber of Commerce to launch the program, formally known as Pflugerville Cares Small Business Grant Program, to award the grants.
To that end, a Pflugerville Cares training webinar workshop is scheduled on Wednesday (Aug. 12) at 10 am. Registration and information are available at the Pflugerville Community Development Corp. website. A recording of the training session will be made available on the website for those unable to attend, officials said. The link to apply will be available at any of the city partner websites, but not be accessible until Thursday (Aug. 13). All applications must be completed prior to Aug. 31 at 8 pm.
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“We are pleased to work with the PCDC and the Pflugerville Chamber of Commerce to create awareness of this grant program for businesses adversely impacted by COVID-19,” Mayor Victor Gonzales said in a prepared statement. “We recognize that COVID-19 has impacted our community and especially local businesses. These grants are a way for us to work together and provide financial assistance to those who need it within our business community.”
Following grant award approval, officials explained, all COVID relief funding must be dispersed by the city prior to Oct. 31 per a interlocation agreement with Travis County.
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To be eligible for the grant, businesses must be physically located and operating in the city limits of Pflugerville, in business on or before March 1 and verify a 15 percent revenue loss due to COVID-19. Applicants who received funds from other COVID relief programs are ineligible.
To administer the program, the City of Pflugerville contracted with Business & Community Lenders (BCL) of Texas who will review applications and verify eligibility for grant awards. All business funding requests are reviewed by the Business & Community Lenders, and will be based on first come, first serve basis. Funding for the program utilizes CRF funds under the CARES ACT allocated by Travis County to the City of Pflugerville.
To learn more about the Pflugerville Cares Small Business Grant Program visit pfdevelopment.com .
About the Pflugerville Community Development Corporation
The Pflugerville Community Development Corp. is responsible for attracting, retaining, and expanding businesses to create new jobs and increase tax revenue to support community development. The corporation can provide funding for use as an incentive for companies locating and growing in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities, and drainage, as well as the development of parks and recreation projects.
For more information, visit www.pfdevelopment.com.
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