FBTX ~ Two programs approved by the Dallas County Commission will activate $10 million in federal funding to help businesses and residents in the County, but outside the City of Dallas, stay afloat during the coronavirus pandemic.
This all comes from $250 million in federal stimulus funding the county received. In order to qualify, Dallas County residents must have lived within the County since March 1, but outside the City of Dallas, make less than 80 percent of the Dallas-area median income and not have received additional housing assistance from the federal CARES stimulus program. Residents may be awarded up to $1,500 per month for three months.
Qualifying businesses need to have been in business for up to four months, since at least February 1, and continue to pay their employees. In addition, the business must have fewer than 100 employees and have made an annual gross income of less than $1.5 million in 2019. Information on applying for the support programs will be announced by the county. Both resident and business programs will be awarded on a lottery system.
Dallas County is initially working with three nonprofits to screen applicants: Catholic Charities, Friendship-West Baptist Church and Jewish Family Service of Greater Dallas. The county is expected to launch its own application process later.