State has money left over to help businesses hurt by pandemic
February 3, 2022
The state is working through a couple of challenges in its plan to distribute tens of millions of dollars of federal relief funds to municipalities and businesses. Applications for grants to local governments far exceeded the available funds, while grant applications from eligible tourism-related businesses and others fell far short.
The Department of Commerce, Community and Economic Development is looking for answers to both questions: How to decide which cities and boroughs will receive how much of the limited money to replace their lost tax revenues, and how to make changes in the busine...
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