City Announces Additional $30 Million in Funding for Rental Assistance and Small Business Relief

Brings the City’s direct support for small businesses to $38.7 million and for rental assistance to $39.4 million since start of the pandemic

PHILADELPHIA – The Kenney Administration and Philadelphia City Council today announced a new commitment of $30 million dollars in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding to aid renters and small businesses during the COVID-19 pandemic. The funding comes from the federal Coronavirus Relief Funds (CRF) that the City received from the U.S. Treasury. The CARES Act authorized payment of these funds to states, local governments with populations of 500,000 or more, and tribal governments. Since May 2020, the City has utilized federal, state, and local funding to assist thousands of tenants and small businesses.

“While the COVID-19 pandemic continues to affect everyday life, we recognize that some of our most vulnerable communities need more help to pay rent in order to stay in their homes and our small businesses need continued support to survive,” said Mayor Jim Kenney. “That’s why this additional relief will be deployed as quickly as possible to prevent evictions and business closures, and to protect jobs.”

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