Community Development Block Grant (CDBG) Program

Town of Yarmouth Offers CDBG Grant Program to Help Small Businesses 

The Town of Yarmouth is offering a new round of funding to assist small businesses impacted by COVID-19. The program offers short-term working capital to cover expenses such as commercial rent and mortgage, payroll, and qualifying debt service when a business does not have the resources to cover these costs.  

Grants are capped at $5,000 per qualified business. The Community Development Block Grant (CDBG) is funded by U.S. Department of Housing and Urban Development (US HUD).

To qualify businesses must:

  • be located in Yarmouth
  • have ten or fewer employees, including the business owner
  • demonstrate that the CDBG Funds are necessary and sufficient, when combined with othersources, to sustain the business and/or retain jobs held by low/moderate-income workers
  • have a business owner and/or employees which meet income requirements
  • complete and sign the application and submit with all requested documentation
  • execute a grant agreement
  • track and report on business performance in 3 and 6 months out from receipt of assistance

Other requirements may apply.

View Application:
CDBG Business Assistance Grant Program Application (Fillable PDF)
CDBG Draft Grant Agreement

For more information on additional state and federal business assistance programs currently being offered, please visit: http://www.yarmouth.ma.us/1866/COVID19-Business-Assistance-Programs

 

NEW! The CDBG Program will hold a Public Hearing on March 11, 2021 at 4 PM to obtain the comments and views of the public on the Town's CDBG Annual Action Plan for the Program Year 2021.  The draft Action Plan will be available for a 30-day comment period starting on March 25, 2021.   Click here to see the  Legal Notice about the Public Hearing and the Document Availability   

New! On February 17, 2021 the Town CDBG Program will issue a Request for Proposal to create affordable housing through acquisition with CDBG Funds.  Click here to see the  Legal Notice about the RFP    

New! The  Town CDBG Program intends to amend the CDBG PY2020 and the CDBG-CV PY2019 Annual Action Plans to increase the budget to acquire affordable housing and reduce the budget of some economic development activities in order to meet CDGB timeliness goals.  Public comment on these amendments will be accepted through March 19, 2021.   Click here to see the  Legal Notice about amending the PY2020 and PY2019 Plans.    

         
       CDBG 2015-2019 FIVE-YEAR CONSOLIDATED PLAN AND 2015 ONE-YEAR ACTION PLAN 
   

SUMMARY of PROGRAMS:
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 Contact Information: Please contact the Department of Community Development at (508) 398-2231 ext. 1275 (TTD# 508-398-2231) with questions or inquiries about the CDBG Program. 

 Program Translation_SPANISH and PORTG.doc

  1. Mary Waygan

    Affordable Housing/CDBG Program Coordinator
    Phone: 508-398-2231, Ext. 1275