MEDFORD, Ore. — Small businesses in a number of local communities can now apply for grants through SOREDI after a $300,000 award from Business Oregon's Community Development Block Grant (CDBG) program.
The funds are available for eligible businesses in the following areas: Butte Falls, Cave Junction, Central Point, Gold Hill, Jacksonville, Phoenix, Rogue River, Shady Cove, Talent, and unincorporated Jackson County.
Rogue River and Talent led the charge for the grant funds, collaborating with the other participating jurisdictions. SOREDI will be administering the grant funds and applications.
"[SOREDI] is pleased to be on point, pivoting to the current need; special thanks to the communities — including lead cities Talent and Rogue River for making this possible," said SOREDI executive director Colleen Padilla. "We are eager to process applications quickly and minimize any further delays. We intend to utilize SOREDI funds to help reduce the time delay from approval to receipt of funds for the grant recipients. This is one way we believe we can demonstrate our collaboration with the cities and our commitment to being 'business friendly' in this time of economic upheaval."
Businesses in the qualifying areas that have been adversely impacted by COVID-19 can apply for these grant funds in order to maintain business operations and/or retain employees. Eligibility and award amounts will be based on the number of "low to moderate" employees still on staff that live in the qualifying area, SOREDI said.
"Regions and communities that collaborate — whether brought together by a watershed, labor shed, or a sense of community need — will be better positioned for resiliency and recovery during the pandemic and beyond. It has been inspiring watching groups come together to bring funding to our local businesses," said Business Oregon in a statement.
Grant applications will become available on Tuesday, September 8 on the SOREDI website and at City Hall for participating areas.