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Governor Announces ‘Revive Plus’ $200M Small Business Grant Program

The state has launched Revive Plus, a $200 million grant program to support small businesses, non-profits and faith-based organizations in Alabama that have been impacted by COVID-19, Gov. Kay Ivey announced.

Revive Plus is the second wave of funding for these organizations with 50 or fewer employees and will award grants of up to $20,000 for expenses they have incurred due to operational interruptions caused by the pandemic and related business closures.

“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops,” Ivey said. “A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible.

“As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”

Entities may receive up to $20,000 to reimburse qualifying expenses if they have not received federal assistance for the corresponding item they are claiming with the state of Alabama.

The Revive Plus grant is in addition to any state of Alabama Coronavirus Relief Fund grant previously received, including the Revive Alabama Small Business, Non-Profit, Faith-Based, and Health Care Provider grants. There is no set cap on the number of entities that may be awarded a Revive Plus Grant.

Information and applications are available at the Coronavirus Relief Fund website – https://crf.alabama.gov/. The application period is noon Nov. 23 through noon Dec. 4. Grants will be awarded to qualifying applicants on a first-come, first-served basis until the funds are exhausted.

“The Revive Plus program is much needed in our small business economy,” Senate General Fund Chairman Greg Albritton (R-Atmore) said. “I commend Governor Ivey for taking this action, recapturing unspent dollars and using a proven program to bring economic relief to our small business owners.”

Alabama received approximately $1.9 billion of CARES Act funding to respond to and mitigate the coronavirus pandemic. Alabama Act 2020-199 initially designated up to $300 million of the Coronavirus Relief Fund for individuals, businesses, non-profit and faith-based organizations directly impacted by the coronavirus pandemic. After the initial $100 million for small business that was reimbursed starting in July 2020, legislative leadership approved a second round of $200 million from allocations made to reimburse state government and from other grant programs that have ended with the full allocation unspent.

Huntsville International Airport Receives $13.7M Grant to Help Offset Pandemic Revenue Losses

The Federal Aviation Administration Tuesday awarded nearly $14 million to Huntsville International Airport as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Some $10 billion will be provided to U.S. airports devastated by the falloff in travel demand as a result of the coronavirus pandemic. The passage of the CARES Act and distribution of funds came after airports projected a loss of at least $13.9 billion this year as travel demand has fallen by 95 percent.
Huntsville International Airport has been awarded $13,785,691 to offset revenue losses from the pandemic.  HSV had originally projected revenue losses from the onset of COVID-19 fallout through June 30 to be between $7 million and $10 million.
However, with the actual traffic being down much more than expected and the falloff more swift, the airport has now projected that revenue loss through year-end could be as high as $21 million.  This revenue loss estimate does not account for any additional losses that might occur if the recovery period resulting from the pandemic continues.
“Airports are economic drivers providing vital transportation infrastructure that allows our community access to business opportunities across the nation and the world,” said Rick Tucker, Huntsville International Airport CEO. “This is why we are tremendously grateful that the federal government has worked so hard to support the airline and airport workforce during these unprecedented times. These funds will protect our workforce so that we can continue providing passengers with an economic and cultural lifeline via the air transportation network.
“We again applaud and are thankful to the Senate, House and President Donald Trump for their bipartisan efforts in passing the CARES Act and we are grateful to the Department of Transportation, Federal Aviation Administration for the swift and thoughtful granting of these funds to airports in dire need of them. Huntsville International Airport will use monies granted to offset the tremendous revenue losses that we have incurred since the onset of this pandemic and to maintain the ‘ready status’ needed to immediately get air service capacity ramped up as the economy recovers.”
To receive the grant, the airport is required to maintain 90 percent of its workforce through the calendar year. Aligning with the FAA’s mandate, HSV said it has worked throughout the pandemic with top priorities in place: maintaining the safety of passengers and employees; being able to continue to operate the airport for the community and; preserving jobs.

Huntsville International Airport to Receive Funds from CARES Act

Huntsville International Airport is among the entities to receive aid in the $2 trillion coronavirus relief package passed by Congress and signed by President Trump last week.

The Coronavirus Aid, Relief and Economic Security Act provides financial assistance to the air travel industry to help overcome the staggering impacts of COVID-19. The legislation provides some $10 billion to the industry, including airports across the nation.

Commercial  airports have reported 50 to 85 percent revenue loss since the COVID-19 pandemic began. Huntsville International is among the hardest hit, according to the Aviation Council of Alabama.

“Huntsville International Airport projects that we will lose 75 percent of revenue for the next three months or a total of $7 million to $10 million,” said Rick Tucker, HSV CEO. “Our airport is operating in mission critical mode and without emergency assistance the outlook for us seems grim.”

Decatur’s Pryor Field Airport Authority is reporting a drastic decrease in business traffic as well.

“Tenants are not flying very much and none of the airport’s regular business travelers have utilized the facility in the last week,” said Airport Manager Adam Foutz.

Tucker said airports are economic drivers that provide vital transportation infrastructure to give communities access to business opportunities across the nation and the world.

“This is why we are tremendously grateful that the federal government has worked so hard to support the airline and airport workforce during these unprecedented times,” Tucker said. “We are pleased to see that after a week of negotiations, lawmakers, staff and the administration worked tirelessly to find an agreeable way to infuse needed funds into our organizations. These funds will protect our workforce so that we can continue providing passengers with an economic and cultural lifeline via the air transportation network.

“Huntsville International Airport will now do our part to continue safely operating and providing transportation services that will move our region past this pandemic and into the future.”

Tucker also thanked U.S. Sens. Richard Shelby, R, and Doug Jones, D, and U.S. Reps. Mo Brooks, R, and Robert Aderholt, R, for their work on the legislation.