ARPA Business Resiliency Program Program Information
To schedule a Pre-Application meeting and ask any questions about this application at any stage please contact Matthew Galloway, Economic Development Analyst, Village of Roselle, 31 South Prospect, Roselle, Il 60172 at 630-671-2808 or email@example.comPlease note that you must schedule a pre-application meeting with Matthew Galloway (contact information listed above) prior to starting an application.
In this meeting, the Village will inform you of the necessary documentation that will be required to successfully complete an application.
As a result of the economic downturn caused by the COVID-19 pandemic, the federal government approved a program authorizing the distribution of fiscal recovery funds to State and Local Governments. The American Rescue Plan (ARPA) supports a number of funding objectives that will strive to strengthen the national, state, and local economies.
The Village of Roselle has approved the use of a portion of these funds to assist businesses with the financial impacts of the pandemic, as well as support economic resiliency moving forward. This program guide outlines opportunities for receiving funding assistance.
To implement locally established goals for the use of ARPA funding, the Village of Roselle has identified broad objectives to be achieved. Use of incentive funding is intended to:
- Provide funding assistance for certain types of COVID-19 related business expenses not already reimbursed under any other Federal or State relief assistance.
- Encourage initiatives to enhance the sustainability of business activity during continued or future health challenges.
- Utilize these funds in accordance with the intent of the American Rescue Plan
INCENTIVE PROGRAM GRANTS
Two categories of grant funding are available. They include the Covid-19 Business Reimbursement Grant and the Business Resiliency Grant. Specific details and grant conditions will be identified within a written agreement to be executed for successful applicants.
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