Scott Proposes More Economic Recovery Grants
Vermont Republican Gov. Phil Scott has proposed using $130 million more in federal coronavirus relief funding to help businesses and others recover from the pandemic.
The proposal would devote $23 million to expand the economic recovery grant program. Vermont Agency of Commerce and Community Development Secretary Lindsay Kurrle says the lodging sector is down 90% in revenues and food and service is down 87% from previous years. “These hard hit sectors need more support so we’re proposing $50 million in hospitality and tourism specific grants to bring economic relief.”
The proposal includes another $50 million to give every Vermont household $150 as part of a buy-local campaign and $10 million for economic development and tourism marketing.
The Associated Press contributed to this report. Contents © copyright 2020. All rights reserved.