COVID-19 relief grants for hospitality businesses

COVID-19 relief grants for hospitality businesses

The COVID-19 Hospitality Industry Recovery Program (C.H.I.R.P) has allocated $145 million in funding assistance that is  specifically geared towards helping those in the hospitality industry. Under this new program, restaurants, bars, hotels and others in the hospitality industry that have been adversely affected by the COVID-19 pandemic can apply for grants. (program details) Grant funds are intended to alleviate revenue losses and pay eligible operating expenses due to the pandemic. Each county will administer the funding through one or more designated Certified Economic Development Organization (CEDO) or Community Development Financial Institution ( CDFI). Rising Tide, a CDFI will administer this funding for Lehigh and Northampton counties. (FAQs)

You can read the article with our Associate Executive Director Chris Hudock here:

https://www.mcall.com/business/mc-biz-rising-tide-prepares-small-business-grants-lehigh-northampton-20210311-f4354dwjx5cxhnlo6hisa3pt3i-story.html

 

 

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