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Pierce County Council expands support to help more local businesses, 8.7.20
The Pierce County Council on Aug. 4 made more funding available to local businesses struggling from impacts of coronavirus, according to the county’s website.
The council doubled the total amount of money available through a previously established COVID-19 Adaptation Grant Program, bringing the total for assistance to $10 million.
The council also expanded the maximum grant amount available to businesses to up to $50,000, based on total number of full-time equivalent employees, and established a Commercial Rent and Mortgage Payment Assistance Program that provides limited assistance to eligible businesses to help protect jobs.
Funding for these programs comes from the nearly $158 million the county received in federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding.
Apply for these funds on the Economic Development website under its CARES Relief Programs.