Announcements

DCR’s SEED Rental Assistance Grant Program Now Accepting Applications

Designed as a financial support service to deposit rental assistance funds directly into your account,  the Los Angeles Department of Cannabis Regulation or DCR encourages all verified Social Equity Individual Applicants or SEIA and those with an active license application to apply now for the $5 million Social Equity Entrepreneur Development (SEED) 2022 Rental Assistance Grant Program.  Rental assistance support will continue to be awarded until the funds are exhausted. The application period runs through 11:59 p.m., March 30,  2023. To apply online, register for an account at Elevate Impact LA

Get Help at the Next Application Training Session

The next, easy-to-follow Lunch & Learn training webinar will walk verified SEIAs through the rental assistance grant application process, specifically the legal documents required to complete the grant application.

Time: 12 to 1 p.m., Dec. 1

Cost: Free

Details: https://tinyurl.com/lunch-and-learn-webinar 

Venue: Online

SEED 2022 Rental Assistance Grant Program

Verified Social Equity Individual Applicants or SEIAs of phase 3 retail round 1 and verified phase 3 retail round 2 and all other SEIAs  with an active application or license are encouraged to apply now to receive up to $50,000 or $10,000 for rental assistance. Those who apply must meet the following criteria:*

SEED 1.0

$50,000 grant eligibility – verified phase 3 retail round 1 and verified phase 3 retail round 2 SEIAs whose applications have been deemed eligible for further processing and who have an executed lease or a binding letter of intent.

SEED 2.0

$10,000 grant eligibility – verified SEIAs who have executed leases in all other license types (excluding phase 3 retail round 1). 

*Applicants who receive  funds under SEED 1.0 are not eligible for SEED 2.0. Applicants who receive funds under SEED 2.0 are not eligible for SEED 1.0.

How to use the SEED 1.0 & 2.0 rental assistance grant funds.

  • To pay rent on a fully executed commercial lease.
  • To finance up to one month of back rent due on a fully executed commercial lease.
  • To secure a binding Letter of Intent by paying the required security deposit.
  • To assist with tenant build-out costs as long as estimates and/or unpaid invoices totaling the grant amount are submitted with the grant application.

  To apply online, register for an account at Elevate Impact LA

 

For more information on other DCR resources available to verified SEIA, please visit our Social Equity Program page here.

If you have questions about the SEED Rental Assistance Grant Program or the Social Equity program, please send an email to DCR.SEP@lacity.org

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