Raatz: Senate District 27 awarded additional COVID-19 response funding

FOR IMMEDIATE RELEASE

Contact: Jesse Cordray, Press Secretary
Jesse.Cordray@iga.in.gov
317-232-9498

Raatz: Senate District 27 awarded COVID-19 response funding

STATEHOUSE (Aug. 27, 2020) — Lt. Gov. Suzanne Crouch and the Indiana Office of Community and Rural Affairs (OCRA) recently announced an additional 42 rural Hoosier communities, including four in Senate District 27, will receive more than $10.09 million in federal grant funding through the COVID-19 Response Program, said State Sen. Jeff Raatz (R-Richmond).

The following communities in Senate District 27 will receive funding:

• The town of Hagerstown is receiving $250,000 to fund grants for local small businesses for working capital in reopening and restocking, and to help pay for remote work technology, in order to assist low-to-moderate income employees;
  
  
• Dearborn County is receiving $250,000 to create a revolving loan fund focused on small- to medium-sized businesses that have seen a negative impact due to COVID-19;
  
  
• Fayette County is receiving $250,000 to assist small businesses within Fayette County by providing loans to fund working capital and to help pay for remote work technology; and
  
  
• Randolph County is receiving $250,000 to fund grants for local small businesses for working capital in reopening and restocking, and to help pay for remote work technology.

"I strongly encourage eligible businesses in Dearborn, Fayette and Randolph counties to apply for these loans and grants," Raatz said. "As we continue to fight the spread of COVID-19, I am optimistic this new source of funding may reduce the financial burdens local businesses feel as a result of the pandemic."

Lt. Gov. Crouch previously announced 61 recipients of phase one of the COVID-19 Response Program, who received more than $10.7 million in funding.

For further information on the program, click here.

-30-