City of Brentwood Now Accepting Applications for the Economic Development Grant Program

BRENTWOOD, CA – The City of Brentwood is now accepting applications from organizations through the Economic Development Grant Program to provide small business support and marketing, local tourism and community based promotional events and projects that support the Brentwood business community. The grant period covers projects occurring between July 1, 2021 and June 30, 2022. Applications must be submitted, no later than the deadline of 5:00 p.m., Friday, March 26, 2021.

Economic Development Grant application forms and program rules can be found at: https://www.brentwoodca.gov/gov/cd/ed/grants_and_incentives.asp

Interested organizations in participating in the grant program may contact the City of Brentwood Economic Development Division at [email protected]  or leave a voicemail at 925-516-5440.

In 2002, Brentwood voters approved the restructuring of the City’s Business License tax, and also approved the creation of the Business License Tax Program, (Ordinance 707 – May 2002) now called the Economic Development Grant Program. The City of Brentwood sets aside 20% of its business license revenues for “economic development with the explicit purpose of business promotion and institutional advertisement for the City of Brentwood.

As part of this effort, each year the City offers reimbursement grants for local marketing, events, and business development projects through the Economic Development Grant Program.

Organizations seeking City of Brentwood Economic Development Grants are encouraged to provide projects and programs that:

• Align with the Brentwood City Council’s Economic Development Goals and Strategies
• Encourages local shopping and tourism activity
• Builds goodwill among local businesses
• Reinforces and enhances the image of Brentwood
• Generates tax revenue, jobs and other economic benefits
• Supports small business development
• Brings about new and creative ideas or programs in response to the COVID-19 pandemic
• Embraces new innovation and green based technology to support the business community

Economic Development Grant Program:

The  City  of  Brentwood  sets  aside  20%  of  its  business  license  revenues  for  “economic  development with the explicit purpose of business promotion and institutional advertisement  for  the  City  of  Brentwood.”  As  part  of  this  effort, each  year  the  City  offers  reimbursement  grants  for  local marketing, events, and  business  development  projects  through the Economic  Development Grant Program.

• 2021/22 Grant Application Form
• 2021/22 Quarterly Reimbursement Form
• 2021/22 Final Reimbursement Form

Outdoor Dining Furniture Grant Program:

• Outdoor Dining Furniture Grant Program (New for FY 2020/21)

Incentives:

Consistent with City Council adopted Policy No. 80-03, Economic Development Incentives, the City Manager/Economic Development Division is able to negotiate incentive packages with key economic development prospects.  Qualifying projects would include those that meet the following two (2) factors:

• Create at least twenty-five (25) net new full time equivalent jobs, equal to or exceeding the median per capita income for a Brentwood resident.
• Create at least five (5) net new full time equivalent jobs, equal to or exceeding the moderate income level for a single individual as determined by the California Housing and Community Development Department (HCD) or U.S. Department of Housing Urban Development Department (HUD).
• Generate $100,000 annually in new revenue through the form of sales tax, TOT, or property taxes directly to the City of Brentwood.
• Retain existing businesses that contribute $100,000 annually in revenue through the form of sales tax, TOT, or property taxes directly to the City of Brentwood.
• Generate at least $50,000 in General Fund revenue through fees contained in the City Cost Allocation Plan, including building plan review and permit fees.
• Leverages a net new private investment amount of at least $4M in Brentwood.
• New occupancy of a building or leasable space that has been vacant for six (6) months or more.
• New construction commercial or industrial building.
• Repairs or rehabilitates a historically recognized or historically sensitive building, including revitalization of a building in Downtown Brentwood.

City link: City of Brentwood, CA – Grants and Incentives