COVID-19 Hotel Resiliency Relief Fund: A Second Opportunity
County Executive Angela Alsobrooks announced a second appropriation of $1.5million to promote and encourage the stabilization of accommodation properties in Prince George’s
County Maryland. All potentially eligible accommodation providers may apply.
This COVID-19 Hotel Resiliency Relief Fund will provide grants up to $25,000 to Prince George’s County-based hotels and accommodations properties.
Applications will be accepted Wednesday, April 21, 2021until Wednesday, May 19,2021. The link to access the Hotel Resiliency Relief Fund portal will be available on the following websites: Experience Prince George’s:
https://www.experienceprincegeorges.com/ Prince George’s County: https://www.princegeorgescountymd.gov/ Economic Development Corporation: https://www.pgcedc.com/
Upon review and approval, grants will be awarded starting June 23, 2021.
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GRANT DISTRIBUTION:
Per state guidelines, each property may receive up to $25,000.
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ELIGIBILITY:
- The applicant must be physically located in Prince George's County.
- Applicants may include Hotels, Motels, Private RV Parks and Bed & Breakfasts in Prince George's County.
- Must be financially sound and debt-free with the State of Maryland (not under bankruptcy or litigation).
- Applicant must demonstrate a need for assistance.
- Must be a for-profit entity. All business formations including corporations, partnerships, cooperatives (co-ops), and sole proprietors are eligible.
- Recipients of the County’s COVID-19 Business Relief Fund, Legacy Fund, and municipal grant programs are eligible to apply.
- Recipients must be open for business to the public for accommodations no later than May 1st, 2021.
- The primary function of the applicant’s business must be in providing overnight accommodations.
- Priority will be given to applicants that have not received prior Hotel Resiliency Relief Funds.
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USE OF GRANT:
Grant proceeds from the Program may utilized for:
- Standard operating costs such as rent, payroll, job training, taxes, debt service, and/or similar costs.
- Purchase of PPE, sanitization services, or other related COVID-19 costs.
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HOW TO APPLY:
Prior to submitting your application, you will need to confirm that your business is “Active” and in “Good Standing” by using SDAT’s free search (see link below).
Note: Evidence of Good Standing is required in order to complete the online application.
https://egov.maryland.gov/BusinessExpress/EntitySearch
If your business is not in good standing, you will not be eligible to receive funds. If you need assistance getting your business back on track and in good standing, you may refer to the directions loccated in the link below.
https://businessexpress.maryland.gov/manage/maintain-good-standing-status
Businesses that have received funds through the Paycheck Protection Program (PPP) or the Economic Injury Disaster Loan (EIDL) programs will be required to identify how much they have received and the expenditures covered. Hotel Resiliency Relief funds must not be used to cover cost already covered by the PPP or EIDL loan or grant funds.
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REQUIRED DOCUMENTS:
- Completed Form Provided in Application Portal
- Completed online application
- Evidence of Good Standing (Screenshot/Photo will be accepted)
- Copy of Voided Check
- Articles of Incorporation/Organization/Formation
- W-9 must be provided
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NOTICE OF GRANT AWARD & ACCEPTANCE:
Recipients of a grant will be notified through the email provided on the application. Applicants will certify at the end of the application that all information provided is accurate and true. Grant recipients and the dollar amount of the grant received will be made available to the public.
Grant funds may be reported as taxable income to the businesses.
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