Grants and Loans

 

Types of Financial Support

Rapid relief: Emergency Grants and Quick Loans

CERF+’s Emergency Grants and Quick Loans are designed to provide immediate help to eligible craft artists after career-threatening emergencies.

The maximum Emergency Grant is $2,500.

The maximum Quick Loan is $4,000 and no interest is charged. Quick Loans must be repaid within five years.

Applicants may request a loan, grant, or both.

The maximum Emerging Professional Craft Artist Emergency Grant is $1,500. CERF+ loans and other CERF+ grants are not available to those qualifying for this grant program.

Note: If you receive a grant, you are required to report the money as income when filing your IRS tax form.

Long term assistance: Phoenix Loan

CERF+’s Phoenix Loan is a business loan used by an eligible craft artist to re-establish, improve, or possibly expand his/her work capacity. The Phoenix Loan program was developed primarily for craft artists who are no longer in the initial stage of emergency recovery. Phoenix Loans range from $4,000 to $8,000. No interest is charged and loans must be repaid within five years. To be considered for a Phoenix Loan, applicants must answer all applicable questions and provide a cash flow projection statement for the next 12 months.

 

Need help? Contact relief@craftemergency.org.

Photos (L-R): Les Snow delivers check to Jon Brooks, Kathleen Doyle in studio, Mark DelGuidice in studio