Restaurants and bars can apply for federal grants, White House official says
Restaurants, bars and food trucks can apply for federal grants, White House official says
Fox 26 Consumer Reporter Heather Sullivan speaks with White House Deputy Press Secretary Chris Meagher on President Joe Biden's Restaurant Revitalization Fund, which works to aid restaurants hurt by the COVID-19 pandemic.
HOUSTON - Restaurants, bars, food trucks, and caterers struggling to stay afloat through the pandemic can now apply for federal Restaurant Revitalization grants, according to a White House official.
White House Deputy Press Secretary Chris Meagher tells us eligible restaurants can receive up to $10 million in grants that can be used for any restaurant expense.
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This is due to President Joe Biden's American Rescue Plan, which includes $28.6 billion for these grants.
Restaurant Revitalization Plan
Our Fox 26 Consumer Reporter Heather Sullivan speaks to Chris Meagher, White House Deputy Press Secretary about President Joe Biden's Restaurant Revitalization Fund.
It's on a first-come, first-serve basis, and the portal will remain open until the funds run out.
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For the first 21 days, the SBA will prioritize requests from small businesses run by women, veterans, or people from economically and socially disadvantaged groups.
Restaurants that have permanently closed, have more than 20 locations, or are publicly traded are not eligible.