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Sun September 29, 2013
Malloy Announces Online Sandy Relief Application for Small Businesses
Governor Dannel Malloy pointed small businesses in Connecticut who were affected by Superstorm Sandy to a new state website, Connecticut Recovers, to apply for a share of $10.5 million in federal grants. The site is intended to streamline the process of filing for relief.
In July, the U.S. Department of Housing and Urban Development approved a state plan for disbursing just over $70 million through HUD's Community Development Block Program. The state allocated about $4 million to support small businesses that were damaged or lost income due to the storm in Fairfield, New London, New Haven, and Middlesex counties, and on Mashantucket Pequot land.
“I’ve seen firsthand the devastation and lasting impact Sandy had on residents and businesses,” said Governor Malloy. “This four million in federal funding will provide our businesses with the financial resources needed to continue the rebuilding process and put them on the road to full recovery.”
Eligible small businesses include those in Fairfield, New Haven, New London and Middlesex counties, or the Mashantucket Pequot Indian Reservation, that incurred losses when their buildings or equipment were damaged by the storm. Also eligible: minority, women-owned, or Section 3 businesses in Connecticut that need surety bonds for capital construction projects directly related to Superstorm Sandy.
Grants ranging from $10,000 to $50,000 are available, but only for expenses not covered by insurance.