RICHMOND, Va. — The Richmond City Council has approved a $500,000 initiative to help businesses, nonprofits and other commercial properties that were damaged during recent protests.
The Richmond Times-Dispatch reports the council green-lit the Businesses Recovery Grant Program Monday with a 7-2 vote.
A city official says the money comes from repaid loans and interest, and unspent funds from a city program.
The grants will be given to approved applicants to cover repair costs for buildings damaged during the demonstrations against police brutality and racism.
The funds are capped at $10,000. Applications will open on Thursday.
