Local Small Business Repair GrantLisa Norwood2023-01-23T11:30:36-08:00
Local Small Business Repair Grants
This program offers grant support to local small businesses
The Local Small Business Repair Grants are emergency funds that use existing tax increment funding (TIF) resources and funding allocated by City Council to provide support of up to $10,000 to local small businesses needing immediate repairs. Grants are available throughout the city where businesses have sustained physical damage – such as broken windows or doors, graffiti, or sign damage – as a result of vandalism. Grants are intended to help the eligible business remain open and operational and should contribute to maintaining a healthy street environment. Prosper Portland will provide the grant on a reimbursement basis, with no required match.
Demand for this assistance is high; thank you for your patience as we respond to inquiries and applications. If you have any questions, please contact us at RepairGrants@ProsperPortland.us.
Local small businesses occupying a ground-floor storefront, either owner-occupied or as tenants.
Mobile or stationary food cart owners or tenants.
Nonprofit organizations, with approval of the Prosper Portland executive director, if located in an occupied ground-floor storefront
Businesses must have a current City of Portland business license and be registered with the State Business Registry.
Businesses which have previously received Prosperity Investment Program grants from Prosper Portland are eligible.
Grant funds will be issued on a reimbursement basis for repairs to physical damage which occurred within 6 months of the application date to the exterior ground floor storefront of a building or food cart, provided that the repairs did not require city permits and have not been included as part of an insurance claim. Examples of eligible repairs include:
Temporary window or door board-up
Window repair / replacement
Door repair / replacement
Graffiti removal / Paint over
Sign repair / replacement
Repair to customer entrance/egress
Property owner who does not own or operate a small business occupying the ground floor storefront space of their property
Any business located in a storefront space that is not zoned for commercial use.
Property management company working on behalf of a property owner that is not itself an eligible entity (only tenants or owner-occupied businesses are eligible for repair grants).
Examples of loss items that are not eligible for reimbursement:
Anything that is not part of the building’s or food cart’s physical storefront.
Total loss of a food cart
Business operating costs or losses related to repairs
Lost sales or wages
Any work that requires a city-issued permit
Any damages that have been submitted to insurance as part of a claim, unless that claim has been rejected and closed.
Invoices and proof of payment for completed repairs
Images of damaged property and final repairs made
Copy of a police report (if one was filed)
W-9 for grant payment
Prosper Portland will review applications as they are submitted. Applications will be approved based on eligibility.
Only tenants or owner-occupied businesses are eligible for repair grants. If a property manager or building owner has paid for eligible repairs and is charging the tenant for the cost of those repairs pursuant to the terms of a lease agreement, the tenant may be eligible for a Repair Grant to reimburse the tenant for their share of those charges.