Disaster

Recovery

Helping Local Businesses &
Communities Get Back on Track

Financial Assistance Programs
can be Tough to Navigate

The COVID-19 pandemic and the economic stress it caused have made things tough for small businesses and communities around the country. Assistance resources like the Coronavirus Aid, Relief, and Economic Security (CARES) Act have been established to help businesses make it through this economic crisis and through to the other side, but the application process can be intimidating. The Disaster Recovery Division at Region IV Development is here to help!

Strong Businesses Make
Strong Communities

At RIVDA, we know that supporting local businesses is the fastest, easiest, and most reliable way to build up our local communities! That’s why we’ve made it our mission to help businesses and community leaders navigate their way through the process of applying for disaster recovery resources and support. Beyond just helping with disaster recovery efforts, we also want to help our communities come out of this and be stronger than ever!

Get Started

Financial Assistance Programs

Emergency Capital Investment Program

The Emergency Capital Investment Program exists to help support the efforts of Community Development Financial Institutions (CDFI’s) like Region IV Development in our efforts to strengthen communities across America. The ECIP is intended to support low and moderate-income communities, minority communities, rural communities, consumers, small businesses, nonprofit organizations, and more.

Small Business Tax Credit Programs

The American Rescue Plan provides a number of tax benefits that can help take strain off of small businesses. In particular, the Employee Retention Credit can help small businesses retain their employees (even if a business has temporarily shut down.) The ERC is now available for all 4 quarters of 2021.

Paycheck Protection Program

This program provides small businesses with the necessary funds to maintain their payroll, hire back laid off employees, and cover overhead costs. It can pay up to 8 full weeks of employee payroll costs (including the cost of employee benefits.) Funds can also be used for business owners to pay building mortgages, rent, and utilities.

Start Your Project

1. Contact Us

We’ll set up a meeting with you where we’ll determine what specific programs and resources you qualify for.

2. Complete an Application

Once we know which program(s) you’re eligible for, we’ll help you complete your application.

3. Support Your Community!

Use your newly gained resources to restore and improve both your business and your local community.