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

Small Business Relief
Of the $30 million, $10 million is committed to providing small business relief through the Commonwealth’s COVID-19 Relief Pennsylvania Statewide Small Business Assistance program[4]. This new funding will be used to provide grants for some of the Philadelphia-based applicants who remained unfunded after the second round of grants announced by the Commonwealth. This $10 million is in addition to the $20 million that was committed to the Commonwealth’s business relief program in September[5], which will also fund some Philadelphia businesses who were unfunded after the second round of grants from the program. This funding—$30 million dollars in total including the commitment the City made in September—is expected to provide relief to an additional 1,500 businesses in the city.

“Philadelphia’s small businesses are crucial to the health and well-being of our communities, providing tens of thousands of jobs for residents, along with countless goods and services,” said Sylvie Gallier Howard, Acting Commerce Director for the City of Philadelphia. “We’re proud to commit more funding to provide much needed relief to small businesses that have been struggling during the pandemic.”

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