SEED Rental Assistance Grant 1.0 & 2.0 Application Process Overview
STEP 1: Apply. Visit the ElevateImpactFunds.com website to review and complete the application within 90 days of the opening of the grant application period.
As a part of the application process, SEED grant applicants must provide the following information:
4. Required Documentation:
STEP 2: Application Review: A SEED Rental Assistance Grant application will be reviewed by the Elevate Impact LA team to ensure that the SEIA has provided the required documents.
STEP 3: Grant Approval: A completed grant application will be submitted to the Elevate Impact Grant Committee for review. Approval is contingent upon successfully completing the requirements. If the grant application is approved, the applicant will become an “Approved Applicant” and will be notified via email regarding their approval status.
STEP 4: Virtual Signing: Once approved, the grant will be closed as follows:
In order to receive a grant disbursement under the SEED Rental Assistance Grant Program, Approved Applicants must first sign a grant agreement with the City of Los Angeles. The grant agreement will be prepared for the grantee to sign electronically, attaching required documents as outlined in the agreement. Elevate Impact LA will meet with the Approved Applicant virtually to review, complete and sign the closing documents. Completed grant documents will then be sent to the City of Los Angeles for signature and payment processing.
STEP 5: Grant Disbursement: Approved Applicants will be required to set up a financial services account at ElevateImpactFunds.com to receive funds. If Approved Applicants are unable to establish a bank account, please contact email@example.com. Once you become an Approved Applicant, create an account, and provide the account information to Elevate Impact LA. Elevate will coordinate with the corresponding banking partners to ensure the direct transfer of funds. Funds will be distributed to Approved Applicants via ACH transfer to individual bank accounts or business bank accounts.
Step 6: Post Grant Disbursement: Grant recipients will be required to provide receipts to ElevateImpactLA detailing actual grant expenditures.