State and Federal Assistance Come for Hard-Hit Colorado Restaurants
On March 11, President Joe Biden signed the American Rescue Plan Act, creating relief programs and direct funds for individuals and businesses hit hard by the pandemic. Restaurants were specifically targeted this time (unlike in the CARES Act of 2020), with $28.6 billion allocated to the Restaurant Revitalization Fund. The fund, which will take the form of various-sized grants to chains as well as independent restaurants, comes at a time when the State of Colorado is also looking to make additi...
Source: westword.com