RICHMOND — Wayne County restaurants struggling through the COVID-19 pandemic can receive a three-month boost.
The Richmond/Wayne County COVID-19 Restaurant Subsidy Program is now accepting applications for commercial rental, mortgage or utility assistance. The assistance is up to $1,000 a month to a maximum $3,000. Funds will be available until March 31 or until funding runs out, according to a news release.
Wayne County, the city of Richmond, the Economic Development Corp. of Wayne County and the Economic Growth Group have contributed to the $130,372 available for the program. The money remained after the previous Small Business Loan Program and was redirected to the new program.
A four-person review committee with one representative from each funding entity will evaluate applications, and the city of Richmond will oversee the funds and distribution of checks, according to EDC President Valerie Shaffer in a presentation to the Wayne County commissioners. Funds will be paid directly to landlords, mortgage holders or utility companies.
Among other eligibility requirements, restaurants must:
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