Borough releases $565,000 in CARES Act funding
September 10, 2020
The borough assembly approved $565,000 from its Coronavirus Aid, Relief, and Economic Security Act special revenue fund at their meeting on Tuesday for businesses and families who are struggling financially due to the COVID-19 pandemic.
The funding was released with the approval of two resolutions by the assembly. Resolution #2020-16 allocates $500,000 in grants for local businesses that have experienced a loss in gross revenue by 20 percent or $10,000 over 2019. Resolution #2020-17 offers $65,000 for families who need financial assistance with new or additional childcare due to the pandem...