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Las Vegas RDA approves $100,000 security grant program for small businesses
Summary
The Redevelopment Agency voted to create a $100,000 Security Grant Incentive Program to provide up to 20 grants of $5,000 to small businesses affected by roadway construction or property theft; applications will require proof of incident and are initially structured as reimbursements.
The Redevelopment Agency of the City of Las Vegas on April 16 approved a $100,000 Security Grant Incentive Program to provide financial assistance to small businesses affected by roadway improvement projects and property theft.
The program, which the agency tied to Redevelopment Areas 1 and 2 and to Wards 13 and 5, will fund up to 20 grants of as much as $5,000 each. The agency also approved a related resolution authorizing the executive director to approve and issue grant awards under the program.
Dina Babsky, director of economic and urban development, told the agency the proposal updates an earlier program funded with American Rescue Plan Act dollars.…
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