More ARP funding will be available soon for downtown entrepreneurs

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There will be 7 funding opportunities launching next week.  They include: “We need very accurate applications as part of this process, because there are specific rules for how this money is allowed to be used. And we have to know that it’s going to be used according to those rules before we release any of it. If we don’t then we might have to repay it down the road, which we don’t want to get in that position at all. We’ve got a lot of money, about $78 million total,” said Mayor Joe Schember, D, City of Erie. $1 million for Technical Assistance Program Funds$1 million for Small News Diversity Loan Program$1 million for Flagship ARP Micro-grant Program$500,000 for Restaurant/Entertainment Venue Relief$2.15 million for Community Development Projects$2 million for Refi/Restructure of COVID-19 Debt$2 million for Residential Construction projects of 5+ units 

Eligible Businesses must: The mayor announced some of the guidelines for Erie business owners and community organizers to receive the funds.

Be located in the City of ErieHave no more than 500 employeesProve they lost income due to COVID-19 or that they serve those who were negatively impactedBe current on all state, local, and federal taxesNot owe any fees, liens, fines, or funds to the city Erie County & ECRDA begin disbursing ARPA funds to local businesses

Click here for more information on ARP funding in Erie County. The mayor says he wants every dollar spent to have a positive impact on members of the downtown community.

For news delivered right to you, subscribe to JET 24/FOX 66/YourErie.com’s breaking, daily news & severe weather email lists Funds must be used to cover costs incurred between March 3, 2021 and December 31, 2024, and all awarded funds must be spent by December 31, 2026. 

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