Businesses must meet the following eligibility requirements: • Located in Santa Ana and in operation for no more than 3 years from the date of the application • Must be a Microenterprise – a for-profit business with 5 or fewer employees (including all owners) • Valid and Active Santa Ana Business License • Valid Certificate … Continued
The Small Business Incentive Program offers up to $5,000 for Santa Ana Businesses with 5 or less employees (including the owners) during the first three years in business. Funds are granted as a reimbursement for eligible business expenses. Businesses must be able to provide proof (receipts) for those expenses. Up to $5,000 for businesses with … Continued
Individuals who will be on the title and deed of the property.
If the property being purchased was a rental property, a Seller’s Statement is required to declare that no individual was evicted before the sale.
The expected turn-around time is 30-45 days.
Yes
No, there is no course requirement for realtors or lenders.
No, we will work with any lenders who meet our requirements, outlined in the program application.
Yes
Payment is due as a lump-sum at the end of 45 years or when the property is transferred to another party. We do not accept monthly payments. If the property is refinanced and the equity is cashed-out, we require payment of the loan in full at that time.
