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Gov Malloy_ Small Business _ Sandy -

Gov Malloy_ Small Business _ Sandy -

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Published by Patricia Dillon

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Published by: Patricia Dillon on Sep 29, 2013
Copyright:Attribution Non-commercial

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06/28/2014

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GOV. MALLOY: SMALL BUSINESSES CAN APPLY ONLINE FORHURRICANE SANDY DISASTER RELIEF
(HARTFORD,CT)GovernorDannelP.Malloytodayannouncedsmallbusinessowners impactedbyHurricaneSandycannowapplyforfederalrelieffundsonlineatthestate’sCT Recoverswebsite (ctrecovers.ct.gov). “I’veseenfirsthandthedevastationandlastingimpactStormSandyhashadonresidents andbusinesses,saidGovernorMalloy.“Thisfourmillioninfederalfundingwillprovideou businesseswiththefinancialresourcesneededtocontinuetherebuildingprocessandput them on the road to full recovery.”InJuly,theU.S.DepartmentofHousingandUrbanDevelopment(HUD)approved Connecticut’sactionplanfordisbursing$71.82million,throughHUD’sCommunity DevelopmentBlockGrantProgram,tohelpresidents,businessesandcommunities recoverandrebuildafterStormSandy.Thestatehasallocated$4millionofthefederal fundingtosupportthosesmallbusinessesthatsustaineddamageorwereimpactedbythe storm.TheEXP/HurricaneSandyDisasterReliefProgram,administeredbytheDepartmentof  EconomicandCommunityDevelopment(DECD),providesfinancialassistancetosmall businessesadverselyaffectedbyHurricaneSandy,usingastreamlinedapplication process.ItisopentosmallbusinesslocatedinFairfield,NewLondon,NewHaven,and Middlesex counties and the Mashantucket Pequot tribal area.Grantsrangingfrom$10,000to$50,000areavailable.Eligibleexpensesarethosenot coveredbyinsurance,theFederalEmergencyManagementAgency,oranyothersources of funding. Specific work that is eligible includes:

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