More help is on the way for small businesses.
The Rio Nuevo board passes an up to $2,500,000 stimulus package to help small businesses stay afloat.
THE RIO NUEVO BOARD PASSED ATWO AND A HALF MILLION DOLLARSTIMULUS PACKAGE TO HELP LOCALBUSINESSES STAY AFLOAT.
9 ONYOUR SIDES LUZDELIA CABALLEROTELLS US WHO IS ELIGIBLE ANDHOW IT WORKS.
TRT: 1:39 OUTQ:SOCITS AN UNBELIEVABLY DIFFICULTTIME FOR SMALL BUSINESSES.
RIONUEVO DISTRICT BOARD CHAIRMANFLETCHER MCCUSKER SAYS REVENUEIS TANKING FOR SMALLBUSINESSES.
BECAUSE OF THEMANDATORY SHUTDOWN ORDER AMIDTHE COVID 19- PANDEMIC.PARTICULARLY RESTAURANTS,BARS, ENTERTAINMENT VENUES,THEY'RE BASICALLY DARK.
THEYHAVE NO IDEA WHEN THEY AREGOING TO REOPEN.
YOU KNOW SOMEOF THESE ARE NOT GOING TOSURVIVE.
SO, MCCUSKER AND THEBOARD FELT THEY NEEDED TO STEPIN TO HELP.
WE APPROVED UP TO$2,500,000 FOR IMMEDIATESTIMULUS GRANTS TO OURDISTRICT MERCHANTS.
WEESTIMATE THERES ABOUT 315SMALL LOCALLY OPERATEDBUSINESSES WITHIN RIO NUEVOTHAT HAVE IMMEDIATE ISSUES.THE NEXT STEP-- LAUNCHING ANAPPLICATION PROCESS WHEREBUSINESS OWNERS CAN APPLY FORA ONE TIME GRANT TO HELP THEMSURVIVE-- UNTIL THE FEDERALDOLLARS COME IN.
WE DIDNT PUTA LIMIT ON THE DOLLARS REQUESTAND WELL DEAL WITH THAT ON ACASE BY CASE BASIS.
AT THISPOINT THE BOARD PASSED THEPACKAGE, ENCOURAGING THE CITYTO CONSIDER MATCHING THESTIMULUS .
I BELIEVE THEIRINTENT IS TO GO BACK AND TALKTO THE MAYOR AND COUNCIL ANDLOOK AT THEIR ISSUES THEYVEALSO GOTTA DEAL WITH.
UNTILTHEN MCCUSKER SAYS ITS ALLHANDS ON DECK FOR THE BOARD ASTHEY TRY TO KEEP BUSINESSESAFLOAT DURING THESE TRYINGTIMES.
WE ARE HOPEFUL THAT WEALL COME OUT THIS TOGETHER.RIO NUEVO, FEELS OBLIGATED TOHELP, AND WE WILL DO WHATEVERWE CAN ECONOMICALLY TO HELPTHESE BUSINESS WE HELPEDLAUNCH SURVIVE THIS.
ON CAMTAG FOR MORE INFORMATION ONHOW YOU CAN APPLY FOR A GRANTVISIT OUR WEBSITE, KGUN9 DOTCOM.
LUZDELIA CABALLERO, KGUN9ON YOUR SIDE.LOW INCOME FAMILIES IN ARIZONA
The Rio Nuevo Board held a meeting earlier Tuesday afternoon to discuss the COVID-19 stimulus response.