College Park City Council unanimously approved a $1.65 million coronavirus relief package designed to aid businesses and provide direct aid to city residents affected by the pandemic’s disruptions.
The vote took place at College Park’s May 26, 2020, City Council meeting, held virtually. The measure is expected to be funded through federal disaster aid reimbursements.
The biggest line item in the relief package is a $1 million small business assistance grant program. Only College Park city businesses with 25 or fewer full-time may apply. The program provides up to $15,000 per business for to offset losses from business interruptions or decreased customer demand caused by the emergency measures imposed to try to stem the spread of the disease. The grants are further restricted to commercial entities with no more than 10 outlets.