This Hotel Grant Relief Program provides financial assistance to hotels and other lodging entities located in Montgomery County, MD.
Donor Name: Montgomery County Government
State: Maryland
County: Montgomery County (MD)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 07/22/2022
Grant Size: $500
Details:
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.
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.
Funding Information
Grant awardees will receive $500 per sleeping room under this program.
Eligibility Criteria
- Be primarily engaged in activities that, in accordance with the North American Industrial Classification System, would be included in Code 721110 (Hotels (except Casino Hotels) and Motels) or Code 721191 (Bed-and-Breakfast Inns).
- The applicant (hotel owner) must be a Maryland based entity subject to Maryland sales and use tax, and the Montgomery County Hotel/Motel tax.
- If a part of a franchise with multiple locations of businesses, are owned by a Maryland franchisee.
- Be in Good Standing with the State of Maryland.
- Demonstrate a loss of revenue of 25% or more from September 2021 through January 2022 compared to September 2019 through January 2020. Eligible applicants must be open to the public for provision of accommodations by March 31, 2021.
For more information, visit Montgomery County Government.