Miami-Dade approves $35M aid package for restaurants, employees

Plan is to use 7% of the $474M Miami-Dade received through the CARES Act

TRD MIAMI /
Jul.July 17, 2020 01:30 PM
Miami-Dade County Mayor Carlos Gimenez (Getty)

Miami-Dade County Mayor Carlos Gimenez (Getty)

Miami-Dade County restaurants and employees in financial straits could see some additional help from the federal government.

Miami-Dade County commissioners on Thursday approved a $35 million aid package for restaurants and their staff, which includes providing $500 checks for laid-off workers, according to the Miami Herald.

The plan is to use about 7 percent of the $474 million Miami-Dade received from the federal government through the CARES Act, the Herald reported.

Commissioners approved two programs, one to provide assistance to independent restaurants and the other to help restaurant employees.

Restaurants’ indoor dining rooms were ordered to shut down earlier this month. Only outside dining is allowed in Miami-Dade, when possible, as well as takeout and delivery. A curfew from 10 p.m. to 6 p.m. is ongoing, requiring eateries to stop serving in time for the curfew.

One of the programs would make $30 million available to restaurants that have 50 or fewer employees and $10 million or less in annual revenue, according to the Herald. If money is left over, the program will be available to restaurants with up to 75 employees and $15 million in revenue. The program would reimburse restaurants for personal protection equipment as well as up to 80 percent of their rent and 50 percent of food and utilities.

Exemptions to the program include nightclubs, bars and mobile food trucks, along with chains, franchise restaurants or restaurants owned by hotels, the Herald reported.

The other program would invest $5 million into a fund started by FIU’s Chaplin School of Hospitality and the South Beach Wine & Food Festival to provide assistance to laid off employees. Under the fund, laid off employees could receive $500, and restaurants could receive up to $15,000, according to the Herald.

[Miami Herald] — Keith Larsen


Related Articles

arrow_forward_ios
Paseo de la Riviera and Brent Reynolds

Developer completes $225M Paseo de la Riviera mixed-use project

Developer completes $225M Paseo de la Riviera mixed-use project
Vizcaya Museum and Gardens and Joel Hoffman (Credit: Robin Hill)

Vizcaya needs money to operate, launches $1M fundraising campaign

Vizcaya needs money to operate, launches $1M fundraising campaign
Map of priciest condo sales and Bayview Fisher Island (Credit: Google Maps)

Weekly condo sales fall again in early August

Weekly condo sales fall again in early August
South Florida Resi Contracts Up in July (Credit: iStock)

South Florida resi contracts continued to rise in July

South Florida resi contracts continued to rise in July
WeWork Lincoln Road with Sandeep Mathrani (Google Maps, WeWork)

WeWork’s Lincoln Road landlord seeks $20M in unpaid rent

WeWork’s Lincoln Road landlord seeks $20M in unpaid rent
Matthew Kramer, Victor Petrescu, Sebastian Jaramillo and Gov. Ron DeSantis (Getty, iStock) 

Florida’s piecemeal extension of foreclosure, eviction ban “better than nothing, but only deferring the inevitable”

Florida’s piecemeal extension of foreclosure, eviction ban “better than nothing, but only deferring the inevitable”
Antonio Sersale and Nadim Ashi, with Le Sirenuse at the Surf Club (Credit: Google Maps and Jacopo Raule/Getty Images)

Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus

Arrivederci: Le Sirenuse at The Surf Club shutters permanently due to coronavirus
Map of priciest condo sales and 321 Ocean (Credit: Google Maps)

Miami’s condo market rebounds, led by $22M sale at 321 Ocean

Miami’s condo market rebounds, led by $22M sale at 321 Ocean
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...