The Florida Department of Commerce announced $50 million is available for local governments through the Local Government Emergency Revolving Bridge Loan Program. These funds bridge the gap for local governments while they await federal relief or for their revenues to recover after a federally declared disaster. Interested applicants can apply for up to 12 months after the date the disaster was declared or until all available funds are expended. These funds will be used to support local government operations for the states’ eligible impacted counties and municipalities that apply, including costs associated with continuing, expanding or modifying local government operations to meet disaster related needs. Funds are made available as short-term, zero-interest loans using state of Florida funds. An applicant must demonstrate that it may suffer or has suffered substantial loss of its tax or other revenues due to the disaster and establish a need for financial assistance to enable it to continue to perform its governmental operations to be eligible. Applicants can submit required documentation via email to LocalGovernmentBridge@DEO.MyFlorida.com.
City and county officials celebrated a ribbon-cutting ceremony for the third phase of The Verandas of Punta Gorda, a $25.7...
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