WNAV Covers Launch of VOLT Disaster Recovery Relief Program

October 30, 2021

WNAV reported on the launch of the VOLT Disaster Recovery Relief Program (DRRP), an initiative to help businesses recover from the damage and pause in operations sustained as a result of the storm and coastal flooding that impacted Anne Arundel County on Oct. 29-30, by AAEDC and County Executive Steuart Pittman:

Businesses Hit by Flood Damage or Loss of Revenue from Coastal Flooding Have Another Source for Relief Dollars

The article outlined the eligibility guidelines for grant applicants, as well as what applicants must submit in order to be considered for grants of up to $50,000.

Funded with $1,000,000 in funding from Maryland’s video lottery terminal (VLT) loan program, the DRRP began accepting applications on November 1 and will allow eligible businesses to use the grants for any legitimate business expense including physical property repairs, replacement of equipment, loss of income from being closed, replacement of damaged inventory and working capital needed to get business operations up and running.

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