Arlington, Texas 2021-02-23 11:30:27 –
Called “Love Local,” this marketing campaign will distribute approximately $ 100,000 in grants to qualified retailers and eateries within the boundaries of BID in partnership with. Restaurant Association Metropolitan Washington..
“Corporate support is a consistent function of Arlington County’s Business Improvement District, but as a result of the global health pandemic, the specific needs of businesses have changed,” the county report said. “This initiative aims to provide direct financial support to businesses within the BID boundary in response to the economic situation caused by the COVID-19 pandemic.”
A spokeswoman said the BID hasn’t commented yet.
The $ 100,000 fund for the program includes the $ 10,000 management and marketing costs of RAMW, which manages the grant.
At a regular meeting on Saturday, the county committee approved BID’s request to change the work plan for fiscal year 2021 to include this grant program. This amendment will allow business districts to provide direct support to their businesses in the form of grants. This is an “action that requires the approval of the county committee as the governing body of BID.”
The county mayor, Mark Schwartz, said the county could see the eligibility requirements to participate in the grant program and how to use the funds if not participating in the relief program.
According to the 2021 work plan, this is the first fiscal year in which the organization will fully function as a National Landing BID.County Commission in September 2019 Expand boundaries Crystal City BID including Pentagon City and Potomac Yard.
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National Landing BID to Give Area Restaurants, Retail a Little Boost Source link National Landing BID to Give Area Restaurants, Retail a Little Boost