One Buncombe Fund

Relief for Individuals, Businesses Affected by COVID-19

Buncombe County, the City of Asheville, the Town of Montreat, members of the Asheville-area Chamber of Commerce, Mountain BizWorks, the Land of Sky Regional Council, and others have launched the One Buncombe Fund at onebuncombe.org, a centralized COVID-19 donation and relief center.

The One Buncombe Fund addresses those affected by the COVID-19 crisis by providing basic needs for unemployed individuals and bridge funding for small businesses. We need you to join us and our community partners to distribute meaningful and immediate relief to our neighbors. If you are able to offer assistance, please visit onebuncombe.org.

If you or your business needs assistance, we encourage you to apply immediately.

Assistance to individuals who have lost employment due to COVID-19

Individuals who have lost employment due to COVID-19 are eligible for direct assistance grants. Funds can be used for life-essential needs caused by the COVID-19 public health crisis such as electric bills, deposits, fuel oil, kerosene, natural gas, propane, wood, mortgages, overnight lodging, etc. Funds will be paid to the service provider, not directly to individuals.

Assistance will be provided through the Buncombe County Department of Health and Human Services. County social workers will screen applicants to ensure all other potential sources are leveraged, including public assistance programs (e.g., unemployment insurance) and the services of our community partners. Social workers will also make referrals to Health and Human Services partners to assist the applicant to help alleviate their immediate crisis.

If you have questions or want to apply, please contact COVID-GA@buncombecounty.org or call (828) 250-5500.

Assistance for locally owned, small businesses affected by COVID-19

Small businesses affected by COVID-19 will be eligible for loans up to $10,000. During the initial six-month period, there will be no payments of any kind. Interest will accrue at 4% during the six-month period, but will not be paid and rolls up into the loan at the end of the six-month period. Loans will be designed to provide low-cost bridge funding to help businesses stay open and limit job losses until they qualify for longer term disaster funding from SBA or others.

At this time, small businesses are defined as having fewer than 50 employees. Loan underwriting and administration will be provided by Mountain BizWorks, a nonprofit community development financial institution. Eligible uses include payroll, accounts payable, fixed debts, or other bills the business is unable to pay due to effects of the COVID-19 crisis.

Business Eligibility:

– Fewer than 50 full- and part-time employees
– Must have a physical location and be principally based in Buncombe County
– Demonstrated loss of revenue of 25% or more due to COVID-19
– Agree to provide impact data

For full details and to apply online visit mountainbizworks.org/one-buncombe-fund. If you have questions, please contact Jeremiah Robinson at (828) 253-2834 ext. 14.

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