$5 Million in Grants Availabe for Businesses Affected by Imelda
A message from Texas Mutual: We’re committed to helping businesses rebuild after a natural disaster strikes, which is why we are offering $5 million in grants for Texas Mutual policyholders affected by Tropical Storm Imelda. Beginning October 7, eligible policyholders can apply for a $10,000 grant.
How you can apply?
Grant applications open October 7 and funds will be offered on a first-come, first-served basis. Policyholders can find the application at texasmutual.com/imeldarelief.
Who is eligible?
Current policyholders who have sustained significant damage to a business located in one of the 13 counties on the governor’s disaster declaration can apply for up to $10,000 in grant funds from Texas Mutual. The counties are Brazoria, Chambers, Galveston, Hardin, Harris, Jasper, Jefferson, Liberty, Matagorda, Montgomery, Newton, Orange and San Jacinto. Policyholders must have an in-force policy effective September 19, 2019 or earlier.
How funds can be used?
Funds can be used for payroll, building rehab or repair, machinery and equipment repair or purchase, replacement of lost inventory and other expenses associated with rebuilding.
The role of Highpoint in this process:
Highpoint will have to co-sign the claim after it has been submitted.
Highpoint will receive an email after you have applied for your review. The application will not be considered final until we have co-signed. Texas Mutual’s review committee is ready to process applications so that we can quickly get funding to those in need.
We take pride in partnering with you to offer relief grants to your clients who have been affected by Tropical Storm Imelda. Thank you for choosing Texas Mutual, and helping us build a stronger, safer Texas.
Highpoint is proud to partner with Texas Mutual. If you have any questions about this grant or anything else, we are here and ready to serve you!