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'Restaurant Revitalization Fund'

Apr 21

Restaurant Revitalization Fund Set to Launch

Posted to The Town Crier - Legislative Backgrounder on April 21, 2021 at 2:43 PM by Legislative Staff

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This $28.6 billion program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

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