The Town of Cumberland, with Community Development Block Grant (CDBG) funds provided by the R. I. Office of Housing and Community Development (OHCD) and the U.S. Department of Housing and Urban Development (HUD), is offering working capital grants of $5,000 to qualifying small business microenterprises adversely impacted by COVID-19.
Eligible Businesses: Certain types of microenterprises are eligible. A microenterprise is defined as a commercial enterprise that has five or fewer employees, one or more of whom owns the enterprise.
The microenterprise owner’s gross annual family income may not exceed the applicable income limits below.
|CUMBERLAND LOW/MODERATE INCOME LIMITS (80% AMI) 2020|
|1 Person||2 Persons||3 Persons||4 Persons||5 Persons||6 Persons||7 Persons||8 Persons|