Indy to Allocate Additional COVID Funding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indianapolis City-County Council has passed Mayor Joe Hogsett’s request to provide additional COVID-19 relief funds. The city says the funding will support rental assistance and paycheck protection loans, among other efforts.
The city says the nearly $29 million in rental assistance funding it received, in combination with $6 million from the January fiscal package, more than doubles the more than $33 million already dispersed to nearly 16,000 Marion County households.
“This funding will extend vital assistance to Indianapolis renters, small business owners, workers, and residents throughout our city,” said Hogsett. “As the economic effects of the pandemic will stretch long past 2021, these programs will help our neighborhoods recover in the short run and thrive in the long run.”
The city says the council also approved up to $10 million for local Paycheck Protection Program loan.
The city says the council also passed $3.7 million in Federal Emergency Management Agency Public Assistance appropriation for COVID-19-related expenses, including overtime, PPE, and cleaning services, among others.