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Annapolis Implements Emergency Grant Program for Flooded Businesses

Annapolis, Maryland is taking action to help businesses affected by severe flooding caused by a low-pressure weather system. As of Tuesday, businesses that suffered damage from this week’s coastal flooding can apply for emergency grants to assist with recovery costs. The pronounced flooding, which reached 5.1 feet above normal levels overnight on Wednesday, resulted in significant damage to businesses along Dock Street. Mayor Gavin Buckley declared a state of emergency on Friday, enabling funds from the VOLT Disaster Recovery Relief Program to be released for businesses and non-profits to access.

The VOLT funds, which come from state slot machine revenue and are allocated to the state’s Small, Minority, and Women-Owned Business account, will provide eligible businesses and non-profits with up to $50,000 for recovery efforts. The Anne Arundel Economic Development Corporation will oversee the distribution of these funds. This initiative is in response to the damage sustained by businesses due to flooding, and aims to help businesses recover from infrastructure damage and lost business caused by severe storms and coastal flooding.

Additionally, in 2022, state Sen. Sarah Elfreth and Del. Dana Jones sponsored legislation to facilitate the disbursement of emergency funds following a local state of emergency declaration, further streamlining the process for businesses to access much-needed relief. The bill came in response to the slow disbursement of emergency funds after a tornado struck Edgewater and West Annapolis in September 2021.

However, navigating the eligibility requirements and application process for these emergency grants can be complex and time-consuming for businesses already grappling with the aftermath of the flooding. This is where AI legalese decoder can be a valuable tool. The AI legalese decoder is designed to interpret legal and bureaucratic language, simplifying complex requirements, and decoding eligibility criteria so that businesses can easily understand and meet the necessary qualifications for obtaining emergency grants. By utilizing this tool, businesses can expedite the application process and access critical funding more efficiently.

Annapolis’ proactive measures to support flood-affected businesses through the VOLT Disaster Recovery Relief Program will play a pivotal role in mitigating the economic impact of this natural disaster. With the aid of AI legalese decoder, businesses can overcome bureaucratic hurdles and gain expedited access to vital financial assistance, facilitating their recovery from the devastating effects of the recent severe weather event.

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