Richmond council approves grants to help damaged businesses

RICHMOND, Va. — The Richmond City Council has approved a $500,000 initiative to help businesses, nonprofits and other commercial properties that were damaged during recent protests.

The Richmond Times-Dispatch reports the council green-lit the Businesses Recovery Grant Program Monday with a 7-2 vote.

A city official says the money comes from repaid loans and interest, and unspent funds from a city program.

The grants will be given to approved applicants to cover repair costs for buildings damaged during the demonstrations against police brutality and racism.

The funds are capped at $10,000. Applications will open on Thursday.

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up