The City of Richland Community Development Block Grant has made $10,000.00 loans available to eligible Richland businesses.

Loan will be forgiven over a one-year period as the business meets the required LMI job creation/retention requirement as outlined in the written agreement.
A business must meet ALL of the following criteria to be eligible to apply:

  • Must be a private, for profit business. *Independent Contractors are not eligible for this program.
  • Business and/or any owner may not be suspended, debarred, proposed for debarment, declared ineligible, or voluntarily excluded from participation in federal transactions.
  • Businesses must have less than 20 FTE (full-time equivalent employees.)
  • The business must have a physical storefront establishment within Richland's city limits.
  • Businesses must have a current Richland business license.
  • The business must have experienced a negative impact due to COVID-19.
  • No national chains. National chains are defined as franchises/for-profit corporations; except in the case where the franchisee or brand has a Richland-based owner.
  • Operating for at least 24 months.
  • Business may NOT be delinquent in State and/or Federal licensing and filings.
The Port of Benton is providing this for your information only. The actual program is administered by the City of Richland and must meet the federal Community Development Block Grant requirements. The Port cannot provide any advice or additional insight into the program or its requirements.