Targeted S.B.C.F. Areas

The Small Business Continuity Fund program, a partnership between the Office of Economic Development, Dallas Development Fund (DDF), and National Development Council (NDC), was designed to assist low-to-moderate (LMI) microenterprise business owners (5 or fewer employees) or small businesses with 50 or fewer employees that retain LMI workers within the City of Dallas. City Council allocated just over $8 million in funds for this program through the CARES Act, with funds coming from the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) funding and the U.S. Department of Treasury Coronavirus Relief Fund (CRF) funding. A minimum of $1 million was used for the loan program; the remainder funded grants. All funding is deployed and no applications are currently being accepted.