The District of Columbia is now taking applications for the DC
Bridge Fund. These are grants and not loans. The fund is
$40,000,000. The grants are for DC small businesses in the retail,
restaurant, hospitality and entertainment sectors that have
experienced revenue declines, costs, or financial losses due to
COVID-19 during the period April 1, 2020 through December 31, 2021.
These grants may be spent on rent, payroll and labor, inventory and
operating expenses. If a business owes back rent, at least 50% of
the award must be spent on back rent, up to 100% of the amount of
back rent owed.
Any business that received an award from the Restaurant
Revitalization Fund, Shuttered Venue Operators Grant, or the Arts
and Entertainment Venue Relief Fund are not eligible. If you
received a PPP loan, you are still eligible, and those who did not
receive such loan will be prioritized.