ROCKFORD, Sick. (WIFR) – Small companies in Rockford are just one step away from receiving extra monetary help from the CARES ACT.
“These are companies which can be struggling to outlive and are overwhelmingly minority and women-owned,” mentioned Karly Franzen, Rockford’s director of neighborhood and financial improvement.
In Might, Rockford obtained $1.2 million in grant cash. It’s a part of the CARES ACT referred to as the Neighborhood Improvement Block Grant Coronavirus Fund that’s already helped 49 companies.
“The actual fact of the matter is these are small companies, a microenterprise is 5 or fewer workers and the proprietor is a low to average particular person,” Franzen mentioned.
The second spherical of the CARES ACT supported states, so Rockford didn’t see any of that cash, however now the third spherical of funding is offered and Rockford is about to obtain simply over $1 million, which is able to assist particular forms of companies.
“It’s based mostly on neighborhood danger and affect by the coronavirus,” Franzen mentioned.
“We’re tremendous excited to assist these companies as a result of so a lot of them don’t qualify for the opposite coronavirus loans,” mentioned Alderperson Invoice Rose.
Rose together with the remainder of the planning and improvement committee members handed the decision with no questions.
“We simply wish to ensure that our small companies know that town is listening to them, we’re right here for them and we’re going to proceed offering no matter sorts of service we will,” Rose mentioned.
Now the decision will go earlier than the total council for a remaining vote, which Rose says will move with flying colours.
“We would like small companies to know that it is a metropolis to arrange store. We’re going to assist you in any means obligatory and let the enterprise neighborhood know that Rockford is in assist of them,” Rose mentioned.
In the meantime, the codes and rules committee authorised the schedule of occasions for Stroll on State. It begins Nov. 28 with a tree lighting and fireworks present. Then each Saturday by way of Dec. 19 households can go to Santa within the metropolis corridor foyer, which may even want remaining approval by the total council.
The codes and regulation committee additionally approves a tobacco enforcement program which is a partnership between town and Winnebago County Well being Division.
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