How is the Coronavirus Relief Fund (CRF) being funded?

The U.S. Department of
Treasury, as authorized under the Coronavirus Aid, Relief, and Economic
Security (CARES) Act, established a $150 billion relief fund to aid states,
local, and tribal governments with populations over 500,000 people in their
efforts to respond to the nationwide public health emergency caused by the
coronavirus pandemic and COVID-19 outbreak. Funding has been allocated from
Treasury to the State of Minnesota, and, in turn, the City of Arden Hills as
pass-through funds. Based on eligibility, small businesses physically located
within the City of Arden Hills are eligible to apply for funding.

Show All Answers

1. How is the Coronavirus Relief Fund (CRF) being funded?
2. What is the eligibility criteria for the Small Business Emergency Assistance Grant Program?
3. What types of business are NOT eligible to participate in the program?
4. My small business employs three or more individuals on a part-time or seasonal basis. Are we eligible to apply?
5. My small business does not have a physical location in the City of Arden Hills, but the majority of the clients/customers Arden Hills residents. Can we apply?
6. My small business only operates on a seasonal basis, not year-round. Are we eligible to apply?
7. How many employees must I employ to be eligible to apply?
8. I own multiple business locations and my IRS 941 will show more than 45 employees. Can I apply for this grant?
9. Are there limits on how the grant can be used?
10. Can I apply for more than the $5,000 award ceiling?
11. What types of expenses are ineligible for this grant program?
12. Will this grant be considered taxable income?
13. How will awardees be selected to receive funding?