Source: Montgomery County Business Portal
This Hotel Grant Relief Program provides financial assistance to hotels and other lodging entities located in Montgomery County, MD.
Hotels and other lodging entities have been extremely hard hit by the COVID-19 pandemic and will have a long recovery. Montgomery County announced this relief program to continue stabilization efforts of the local hospitality industry in the County.
Grant awardees will receive $500 per sleeping room under this program.
Any hotel with ten or more sleeping rooms, or a Bed and Breakfast with five or more rooms, located in Montgomery County, are encouraged to apply.
Applications will be accepted from July 1 through July 22, 2022.
Prepare to apply
Grantees are allowed to use funds for:
The following documents will be required at the time of application:
Applications will be reviewed for eligibility based on the criteria listed above.
Applications will be accepted July 1, 2022 through July 22, 2022.
Hotel Relief Grant Program Frequently Asked Questions. If you have additional questions, please email email@example.com
The Maryland Small Business Retirement Savings Program and Trust, designed to create a mandate for certain private-sector employers in the state to establish a retirement savings plan for eligible employees, was passed in May 2016 and took effect July 1, 2016. The program will launch in early September 2022.
As stated in the bill's fiscal note, "Covered employers” are nongovernmental for-profit and nonprofit employers in the State that (1) pay employees through a payroll system or service; (2) have been in business for at least the last two years; and (3) do not currently offer, or have not offered in the previous two years, an employer-offered savings arrangement. Employers may elect to establish alternative savings arrangements for their employees rather than participate in the program; participation in the program does not create a fiduciary obligation of the employers who do so. Specifically, employers are not liable for an employee’s decision to participate or to opt out of the program or for their investment decisions, and they are not responsible for program design, administration, investment, or performance.
Employers may visit www.MarylandSaves.org for more information on the program. Click here to sign up for updates from Maryland's Retirement and Savings Program.