Harvey Economic Development Program
Hurricane Harvey generated long-term impact and challenges for Houston’s small business sector. The Harvey Economic Development Program (HEDP) provides support to impacted small businesses and communities through small business loans and grants. The program prioritizes microenterprises, which are defined as small businesses consisting of 5 employees or fewer, including the owner. This program will complement existing projects that focus on providing jobs and housing assistance to communities that are most vulnerable to the long-term impact of Hurricane Harvey.
The HEDP’s Small Business Grant Program will offer grants to microenterprises in order to help businesses recover from the long-term impact of Hurricane Harvey. To be eligible, an applicant business must be a microenterprise that either 1) is owned by a low- or moderate-income resident or 2) will create at least one job for a low- or moderate-income resident.
If your small business or microenterprise meets the eligibility requirements for the HEDP, you may qualify to receive up to $100,000 of assistance from this program. Funding available for the HEDP is limited. If you believe that you qualify for the HEDP, we suggest that you begin the process of completing your HEDP Application as soon as possible! Additional resources are available to assist you with your HEDP Application on our program website at https://recovery.houstontx.gov/hedp.