WASHINGTON, D.C. -- A successful vote from the House of Representatives could pave the way for efforts of saving local restaurants and jobs.
The passing of the $1.9 trillion American Rescue Plan was passed early Saturday morning.
A restaurant relief proposal written by U.S. Rep. Earl Blumenauer (D-OR) puts $25 billion toward grants for food service and drinking establishments -- a step closer toward relief for a sector hit hard from the pandemic.
Restaurants would be able to receive grants up to $5 million for an individual location or $10 million for a restaurant group.
“Nearly a year ago, I began working with the Portland restaurant community to save our beloved local restaurants and protect the jobs, supply chains, and local economies they support,” Blumenauer said. “Even when this proposal was stuck in Mitch McConnell’s legislative graveyard, we refused to give up, because we knew it was the best opportunity to save independent restaurants. With today’s vote, we have finally set the table for a first course of urgently needed aid. As we hopefully return to normal later this year, this legislative lifeline could spell the difference between survival of some of our most cherished local restaurants and losing them forever."
In order to ensure the smallest restaurants are prioritized, $5 billion of the $25 billion fund is reserved for restaurants with less than $500,000 in gross receipts in 2019.
There will be priority during the first three weeks of the grant period for restaurants managed by women, veterans, communities of color and other economically disadvantaged communities.
CLICK HERE to view the legislation.