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Thursday, 2 May 2024

Rochester Awards CARES Act Funding

Credit: KIMT
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Rochester Awards CARES Act Funding
Rochester Awards CARES Act Funding

$500,000 is set aside to help local businesses.

KIMT News 3's Isabella Basco explains how it will be divided

I'm george mallet.

It's no secret the coronavirus pandemic is leaving millions of americans financially strapped.

That's why rochester city council is using funding from the coronavirus aid relief and economic security act ?

"* or cares for economic recovery.

Kimt news 3's isabella basco joins us live from city hall to tell us more about the dollars and cents ?

*- isabella?

In partnership with rochester public utilities... the city of rochester has developed a program to award 500?

"* thousad dollars in cares funding to help local businesses.

Here's more about the program: 400?

"* thousand dollars will be allocated to qualified small businesses.

The other 100?

"* thousand will be kept for women and minority businesses.

The businesses have to be customers of rochester public utilities.

"rpu has a much more granular level relationship with the businesses.

Because of that we want to take advantage of that, rpu does have over 5000 business accounts of which we expect over a thousand of them have been affected by covid related closures and things, and this way, we have a good way of being able to basically get a system running quickly."

Applications will be available the week of august 3rd and funding will be provided on a rolling basis.

Thank you isabella.

Overall ?

*- city council has allocated a million dollars in cares funding to launch economic recovery.

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