Arlington’s small businesses and nonprofits are invited to apply for working-capital grants, funded by the American Rescue Plan Act (ARPA).
Town business owners and nonprofits may apply for assistance with rent/mortgage payments, payroll expenses, utility bills, insurance expenses or other costs that can be attributed to Covid-19-related impacts.
To be considered for assistance, business owners and nonprofits must submit their application form by 11:59 p.m. on Friday, Jan. 7, but that deadline was extended to Monday, Jan. 10, at the same time.
All businesses and nonprofits located in Arlington, including home-based businesses, are eligible to apply. Operators of Airbnb short-term rentals are not eligible applicants. Ineligible expenses include unpaid taxes, capital expenses (e.g., equipment, furnishings) or any other cost that cannot be attributed to Covid19-related impacts.
Municipalities across the nation are the beneficiaries of a significant influx of federal funds via the ARPA, which is intended to address the negative health and economic impacts caused by the Covid-19 pandemic. Arlington will receive more than $35 million in ARPA funding.
The board voted to endorse Arlington’s ARPA Framework at its Oct. 25 meeting. In this vote the board also endorsed implementation of several programs, including the Small Business and Working Capital ARPA Fund. Additional information about Arlington’s ARPA framework is available at arlingtonma.gov/arpa.
Sept. 14, 2021: Rescue framework updated; extended comment period ends
This news announcement was published Tuesday, Dec. 7, 2021.
FACEBOOK BOX: To see all images, click the PHOTOS link just below