New Houston Area Relief Programs in Harris & Fort Bend Counties Plus A few Other Programs

Many families and small businesses are still struggling after recent challenges, and Houston area relief programs are here to help. Harris County and Fort Bend County have both introduced new programs that include rental aid, utility aid, disaster relief funds, and small business loans. The programs were established to provide instant monetary assistance and long-term stability to the residents throughout the region.

HARRIS COUNTY SMALL BUSINESS RECOVERY FUND

• Applies to small businesses in precincts 1-4, this primarily excludes businesses in the City of Houston limits and who are not in precinct 1.
• Must be a small business or nonprofit with 30 or fewer employees
• It does not have to be paid back (praise JESUS)
• Offers up to 25,000 per applicant (this means you may get less)
• Funds can be used for payroll costs, supplier payments, rent, mortgage expenses, utilities, debt interest, critical business operations costs, personal protective equipment and sanitation supplies and more
• You can use your 2018 or 2019 return to apply
• You can apply as an S Corp without a 1099
• You can apply with your personal return with or without a Schedule C
• Apply here 
• Applications opened July 13, and will remain open for only 10 days through July 22 (APPLY IMMEDIATELY) 

Small businesses who are not eligible for the Harris County relief are:

• Gambling businesses,
• Businesses organized for religious purposes,
• Residential builders
• Speculative real estate investors and
• Sexually oriented businesses

Here’s a link to read more about the Harris County Relief:

FORT BEND COUNTY SMALL BUSINESS RELIEF PROGRAM

Provides up to $10,000 to small businesses that…

• Are located in Fort Bend County;
• Have an annual revenue of between $100,000 and $2 million;
• Are a for-profit business;
• Have been in operation since Feb. 15, 2020;
• Have not permanently closed;
• Have lost at least 25% of revenue as a direct result of Covid 19;
• Are in good standing with state and local taxes, fines or other payments;
• Employ between one and 20 full-time equivalent employees. For businesses with multiple locations, employee count will be calculated per location.
• Here’s a link to read more about and apply for the Fort Bend County Relief: 

​​FOR THOSE NOT IN HARRIS OR FORT BEND COUNTIES OR TEXAS

Here’s how to find if your county, city, or state has coronavirus relief funds:

Do a google search for Coronavirus relief fund and add your county name in front of it or behind it i.e. “Coronavirus relief fund Dekalb County” Repeat for your city, then state.

Here’s a link to a few other grants and relief funds for both Houston area and everyone else

And lastly, the PPP stimulus is still accepting applications. Here’s the link to learn more about how to apply www.tosinowocpa.com/blogs/post/where-to-apply-for-coronavirus-ppp-and-eidl-stimulus-loans-if-you-can-t-get-through-with-big-banks

Before applying, remember these funds are meant for those who need relief.

Good luck and stay safe.

Was this helpful? How can we improve? Comment below, let us know.

Contact us if you need help. 

Also be sure to be on the look out for more articles.

We hope this article was helpful. Be sure to be on the look out for more articles. Got questions? Comments? Suggestions on topics that interest you? We would like to hear from you. Have you had such a situation like David’s yourself? Do you know someone who has? We want to know your experiences with S Corporations, whether just starting out, switching, you’ve been an S Corp all these years, or just researching…and the rainbows in between!

Disclaimer

Information contained in this article does not constitute a binding contract between the reader and the writer, nor does it constitute tax advice for the purposes of tax evasion. Again reach out to us about business entities particular to you to get the full picture.

Houston Area Relief Programs FAQs