Where Will The Latest Round Of Colorado Coronavirus Relief Money Go? – Colorado Public Radio

The state already has the information it needs to start the payment process for most, and Pettersen said the government would also reach out in English and Spanish to get the money to businesses.

About $37 million will go to small businesses facing capacity restrictions, such as bars and restaurants. County and local governments will apply to the state for the money early in 2021, and then they will open grant programs of their own. The money will be paid out by February 12.

A lot of its going to be dependent upon the counties getting a process to get the money out. Some counties will take less time, said state Sen. Faith Winter, part of the bipartisan group behind the bill.

Counties that are defying public health orders like Weld County wont be allowed to apply, but cities within them like Greeley can still process the money as long as they are in compliance with the state. The money is for businesses with less than $2.5 million of revenue.

About $7.5 million will go to arts organizations, including performance venues, and individual artists and entertainment industry professionals. The money will be managed by the nonprofit Redline Center for Contemporary Art in Denver a decision made to help distribute money efficiently, Winter said. Applications could open in December and the money could follow in January, Colorado Politics reported.

About $4 million will go to the Minority Business Office of Colorado, which helps minority-, woman- and veteran-owned businesses. It will fund direct relief payments, grants, loans, and assistance programs.

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Where Will The Latest Round Of Colorado Coronavirus Relief Money Go? - Colorado Public Radio