FUND TO SUPPORT BUSINESSES AT GROW QUAD CITIES WILL DISTRIBUTE NEARLY $400,000 IN FLOOD RECOVERY ASSISTANCERepresentatives from the Quad Cities Chamber announced on Monday, June 24, 2019 that $397,875 is available to help regional businesses in their flood recovery efforts, and applications for fund disbursement are now available.
A total of $50,000 of the nearly $400,000 was granted from the Quad Cities Community Foundation for any businesses directly impacted by floodwater throughout Scott and Rock Island Counties. $25,000 is coming from the Quad Cities Disaster Recovery Fund at the Quad Cities Community Foundation, and an additional $25,000 is being matched by the Quad Cities Community Foundation board of directors through a Transformation Grant. The board of directors of the Quad Cities Community Foundation, in partnership with the Quad Cities Community Organizations Active in Disasters (QC-COAD) Long Term Recovery Committee, made the grants to Grow Quad Cities to support businesses impacted by floodwaters on both sides of the river. Read More... from WQAD
People have not only donated their time to help those impacted by the months of flooding, with sandbagging and clean up, but with money as well. Starting June 6, 2019, the Quad Cities Community Foundation is passing out some of the money collected. More than $120,000 has been raised so far, but for this first grant, they will only be passing out $25,000. All the money will be distributed overtime. "It's going to help families work with a disaster case manager to access other resources that are available to them first, like FEMA, insurance, or other state and federal dollars.,” said Kelly Thompson, vice president of grantmaking and community initiatives at the Community Foundation. "There will certainty be gaps where money will not come in from those other resources and that's where the money from this will come in." Read more... |
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