Small Business Awards. The City of New Rochelle intends to utilize a portion of its ARPA allocation to support impacted small businesses and to provide local stimulus.
Request Funding. Funds will be awarded only after of the completion, submission and review of a formal funding request. The request may be made online by completing the below form. Hardcopies of the application will be made available upon request. Incomplete or deficient applications will be disqualified for consideration by the City.
Submission Limit. Applicants may submit one (1) request per business, regardless of number of locations within the City.
Competitive Process. By completing the application, the applicant confirms that they understand that this is a competitive process, and their project may or may not be selected for further consideration or funding. Priority shall be given to organizations that operate within City limits. However, organizations providing services to City residents are also encouraged to apply.
Award Structure. Awards may be provided by the City of New Rochelle in the form of grants, loans, forgivable loans or any combination.
Decision Process. Each proposed project or use of ARPA funds will be subject to the City’s standard ARPA decision making process in order to ensure eligibility and ability to meet all future reporting and compliance requirements as set forth by the US Treasury
Tax Returns / W9. Please note, a Federal tax return for Tax Year 2020 or copy of Applicant’s 2020 IRS Form 1040 Schedule C may be required as part of the funding request. In addition, the Applicant should include a current IRS Form W-9 Request for Taxpayer Identification Number & Certification.
Application Assistance. The City of New Rochelle will host information sessions. Please reach out to Rita Azrelyant (email@example.com) for more information.