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City of San Antonio Small Business Construction Support Grant Program

The City of San Antonio has opened applications for the Small Business Construction Support grant program to relieve local businesses affected by construction-related revenue loss tied to specific city projects.

Businesses that qualify could receive up to $35,000 in grant money to offset demonstrated losses in 2023 compared to the year before.

The program, announced in May 2024, is tied to eight construction zones. Applications will be scored based on need and will not be first-come, first-served.

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The AI legalese decoder can help businesses navigate the complex legal language and requirements of grant applications. It can analyze the eligibility criteria, financial statements, and other documentation needed to apply for the grant program.

By using the AI legalese decoder, businesses can ensure they meet all the qualifications and provide the necessary information to increase their chances of receiving grant funds.

The following are the eight construction zones:

• Broadway Street Corridor (E. Houston to E. Hildebrand)
• Bulverde Road Phase 1 (Butterleigh Drive to North of Quiet Meadow Street)
• Zona Cultural Streets
  • Santa Rosa- Cesar E. Chavez to Martin
  • San Saba- Nueva to Martin
  • Commerce- Frio to Santa Rosa
• Gevers Drainage (Cosgrove to Minnetonka)
• South Presa (SE Military to Southcross Blvd)
• South Alamo Street (Market Street to Cesar E. Chavez)
• The Alamo (Area Streets)
• Bynum Avenue Phase 2 (W. Mayfield Blvd to W. Gerald Ave)

Businesses that get funds approved through the program can apply them to various expenses, including working capital, machinery and equipment, payroll, health care benefits, contract labor, supplier payments, and rent, lease, or mortgage payments tied to business property.

Funds cannot be used to distribute to owners/investors or acquire new assets.

These are the qualifications applicants need to meet to be eligible:

• Have a minimum of $10,000 in gross sales in 2022.
• Have owned the business and have a formation date on or before 1/1/22.
• Demonstrate net profit/loss in 2022 that is at least $5,000 greater than net/profit loss in 2023.
• Be a retail or service business that requires customer foot traffic for operations.
• Demonstrate net profit/loss in 2021 that is at least $10,000 greater than net/profit loss in 2022. Net profit/loss is based on Line 29 of Schedule C, Line 30 of 1120, Line 21 of 1120S or Line 22 of 1065.
• Be currently in operation and not have filed for bankruptcy at any point in the application process.
• Be located within an eligible construction zone and remain for one year from the date of the grant award.
• Not be in specific categories outlined by the City’s Ethics Code.
• Be the majority owner of the business or equal share owner with a partner.
• Grant awards are limited to one per business at each physical address within the City of San Antonio.

Business owners have until July 15 to apply for the grant program. More information is available on the City of San Antonio’s website. If you have any questions, you can contact LiftFund at 800-923-9551.

Copyright 2024 by KSAT – All rights reserved.

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