The Connecticut Hospitality Industry Support Program was implemented by the American Rescue Plan Act and allocated $30,000,000 to the Department of Economic and Community Development (DECD). DECD utilized data from the Department of Revenue Services (DRS) to identify two groups of recipients that are eligible for a Connecticut Hospitality Industry Support Grant, based on losses incurred due to the COVID-19 pandemic. Business owners who are eligible will receive a check directly from DRS during the week of August 8, 2022—no application is necessary.
This funding is available as part of ARPA’s Coronavirus State & Local Fiscal Recovery Funds and must be used in accordance with certain terms and conditions set by the U.S. Department of Treasury. The funding can only be used for eligible expenses incurred on or after March 3, 2021, and must be used to mitigate financial hardship, such as by supporting payroll and benefits; costs to retain employees; mortgage, rent, utility, and other operating costs; maintenance of existing equipment/facilities; or costs to support COVID-19 mitigation and infection prevention measures. Funding cannot be applied to any expenses that are already covered by any other governmental or private source, including insurance proceeds.
To see if your business qualifies and learn more, click the link below. And if you have additional questions, feel free to reach out to us as well.