The Growth Council Receives Additional Covid Funding

Lt. Gov. Crouch announces 42 COVID-19 Response Phase 2 Recipients

INDIANAPOLIS – Lt. Governor Suzanne Crouch and the Indiana Office of Community and Rural Affairs (OCRA) announced additional federal grant funding through the COVID-19 Response Program.

“Small businesses are the backbone of our Hoosier economy and they have made considerable sacrifices during the COVID-19 crisis.” said Lt. Gov. Crouch “This funding will help Hoosier small businesses continue to recover and will help make investments necessary to create safer spaces for their customers and staff.”

Eligible applicants for this program could apply for up to $250,000 and include non-entitlement local units of government. The two eligible economic recovery activities included grants or loans to businesses to retain Low-to-Moderate Income (LMI) jobs.

Below is a summary of the projects being funded under each category. For more information on the program, visit www.in.gov/ocra/3010.htm.

The Growth Council secured an additional $100,000 for the revolving loan fund to help offset costs associated with lost revenue, bills, or transitions to remote work. If your business needs help, please check our website for loan details. Link: https://www.grantcounty.com/covid-19-loan-fund

*Note: portions of this press release came from the OCRA release on August 27, 2020. To read the OCRA release, click here.