Jan 18, 2021
LANSING (AP) Relief is coming to Michigan businesses after a board last week approved $58.5 million in grants for economic losses due to the coronavirus pandemic that has strained the state’s economy.
Gov. Gretchen Whitmer last month signed into law a spending plan to help repair the economic impact from the coronavirus. It included an allocation to the Michigan Strategic Fund under the Michigan Economic Development Corp. to distribute grants to eligible businesses.
The board approved two programs to distribute funds during a meeting on Thursday: the Michigan Small Business Survival Grant Program to help businesses that had to close or partially close during the pandemic; and the Michigan Stages Survival Grant Program to help businesses pay workers who were laid off.
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HOUGHTON After funding delays due to the COVID-19 pandemic, the project to build a new pier in downtown Houghton is back on.
Wednesday, the Houghton City Council committed a $951,600, 25% match for the project, which involves building a pier and improving parking between the Portage Lake Lift Bridge and Michigan Technological University’s Lakeshore Center. The rest of the $3.732 million cost comes from the Michigan Economic Development Corp. The MEDC had given the city a letter of interest in 2019, and the city had been ready to bid out the project the following March.
COVID intervened. The state then redirected the pier funding toward COVID relief. MEDC asked Houghton in November to update its proposal.