Common use of Negative Economic Impact on Organization Clause in Contracts

Negative Economic Impact on Organization. The following question is the keystone of a strong application in this process. If your organization cannot demonstrate a negative economic impact from the pandemic, your application will not qualify for committee review. If you are uncertain about what constitutes negative economic impact or how to demonstrate it, please contact PCF staff for technical assistance. You have the option to upload supporting documentation regarding negative economic impact. However, please limit your upload to no more than five pages. Proposal Description* Guiding Principles - Client Impact* Will this purchase benefit the community members defined above that have experienced disproportionate negative impacts from the COVID-19 pandemic? If so, how? Number Served* Unduplicated vs. Duplicated* Duplicated: A client is counted each time they access services Unduplicated: A client is counted once, regardless of the number of times they access services Other (Explanation Required) The American Rescue Plan Act (ARPA) prioritizes organizations that either have headquarters or carry out the majority of their operations inside Qualified Census Tracts (QCTs). QCTs are a standard method of identifying communities with a large proportion of low-income residents. The U.S. Department of Housing and Urban Development determines what areas qualify as QCT. To assess if your organization serves or is headquartered in a QCT, use the following link: In the top right-hand corner, choose the state of Florida and Pinellas County. Then on the left-hand side of the screen, click the box next to “Color QCT Qualified Tracts.” The QCT zones are denoted in purple. You can also map your address by adding it into the address box at the top to see if your location is inside the zones. Below, please provide the location of your operations and the location of your headquarters, if different. Headquarters Location* QCT Determination - Headquarters* Purchase Location*

Appears in 4 contracts

Samples: Small Capital Purchase Grant Agreement, Small Capital Purchase Grant Agreement, Small Capital Purchase Grant Agreement

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Negative Economic Impact on Organization. The following question is the keystone of a strong application in this process. If your organization cannot demonstrate a negative economic impact from the pandemic, your application will not qualify for committee review. If you are uncertain about what constitutes negative economic impact or how to demonstrate it, please contact PCF staff for technical assistance. You have the option to upload supporting documentation regarding negative economic impact. However, please limit your upload to no more than five pages. Note: If you are applying for both a Small Purchase and Large Project, you may reuse the answer for this question Proposal Description* Guiding Principles - Client Impact* Will this purchase benefit the community members defined above that have experienced disproportionate negative impacts from the COVID-19 pandemic? If so, how? Number Served* Unduplicated vs. Duplicated* Duplicated: A client is counted each time they access services Unduplicated: A client is counted once, regardless of the number of times they access services Other (Explanation Required) The American Rescue Plan Act (ARPA) prioritizes organizations that either have headquarters or carry out the majority of their operations inside Qualified Census Tracts (QCTs). QCTs are a standard method of identifying communities with a large proportion of low-income residents. The U.S. Department of Housing and Urban Development determines what areas qualify as QCT. To assess if your organization serves or is headquartered in a QCT, use the following link: In the top right-hand corner, choose the state of Florida and Pinellas County. Then on the left-hand side of the screen, click the box next to “Color QCT Qualified Tracts.” The QCT zones are denoted in purple. You can also map your address by adding it into the address box at the top to see if your location is inside the zones. Below, please provide the location of your operations and the location of your headquarters, if different. Headquarters Location* QCT Determination - Headquarters* Purchase Location*

Appears in 1 contract

Samples: Small Capital Purchase Grant Agreement

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