CDBG-CV Economic Development grants provide communities with funding to help local businesses impacted by COVID-19 retain jobs for low-to-moderate income people. These funds are not to start new businesses or services.
Awards were announced Friday, September 4th.
There is no additional funding available.
The City of Andover was award $132,000 and allocated the complete grant to Economic Development efforts. The award process included 11 sub-grantee businesses. These grants helped retain 37 jobs, 31 of which were low-to-moderate income jobs (84%).