29A - SMALL BUSINESS INCENTIVE PROG

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Household Size Income Limit 1 Person $ 51,250 2 Persons $ 58,600 3 Persons $ 65,900 4 Persons $ 73,200 5 Persons $ 79,100 6 Persons $ 84,950 7 Persons $ 90,800 8 or More Persons $ 96,650 Geographic Area Qualifying — The business may also qualify for the grant if they satisfy ONE of the below requirements: a) Community Service Area Map - The business is a new community- serving retail or service -based business and located in the designated area (Map A). If your business is retail or service, City staff will determine if your business serves the immediate residents based on its proximity to neighborhoods and the goods /services it provides. b) Targeted Resident Area Map - The business owner or an employee lives in a designated area where 70% of households are low- income (Map B). If the owner or an employee of the applying business lives in the boundaries of Area Map B, then the business would qualify. Please provide one of the following: I -9 form, Driver's license or State Identification Card, Lease or rental agreement, Utility bill, Landlord statement to validate you or your employee's place of residence. c) Targeted Business Area Map - The business is located in a designated area with 20% or more of the families are below the poverty level (Map C). Please state how you will be qualifying your business for this Program (See qualification criteria above): ❑ Income Qualifying El Community Service Area El Targeted Resident Area El Targeted Business Area 2. Applications to participate in the Santa Ana Small Business Incentive Program need to be completed and submitted within the first year of operation. 3. The business must be located in a commercial /industrial storefront with an individual address. Shared suites and bome -based businesses are not eligible. 4. The business must have 5 or fewer employees including the owner of the business. 5. The maximum reimbursable rebate is $5,000 per business. 29A -15