OLD LYME – UPDATED 12:15pm — see changes in red: The Town of Old Lyme has formally announced two new ways for Old Lyme small businesses and nonprofits to seek American Rescue Plan Act (ARPA) funding.
Today the Town released two grant applications, in which organizations can either seek economic recovery or create community initiatives to address the negative impact of the pandemic.
The deadline for application submissions to either grant is May 2, 2022.
Applicants for the “Economic Recovery Grant” will submit information substantiating any pandemic-related economic losses between March 3, 2021 and April 1, 2022 per the restrictions of the Federal funding. The Economic Recovery application is for small businesses and for 501( c)-3 or 501( c)-19 nonprofit organizations located in Old Lyme.
The maximum amount granted under the Economic Recovery Grant will be $10,000.
A separate grant will be available for businesses and nonprofit organizations, who wish to apply for a “Community Initiative Grant.” This grant is for those organizations seeking funding for programs and initiatives that will help address the negative impact of the pandemic and create new transformative opportunities in Old Lyme.
Initiatives can address issues such as mental health, early childcare, infrastructure, and tourism & business patronage, among others. Funds must be expended and final reports submitted to the Town prior to Dec. 31, 2026.
The Community Initiative Grant is also open to Town of Old Lyme Government Boards, Commissions, and Departments with initiatives that meet the objectives of the funding.
Small businesses and nonprofits can apply for both an Economic Recovery Grant and a Community Initiative Grant.
Outside of these two grants, all pandemic relief services for individuals and households will continue to be coordinated through the Town of Old Lyme Social Services Office.
Old Lyme residents who have suffered economic loss due to the pandemic are encouraged to contact the Town of Old Lyme Social Services Office at 860-434-1605 x228 or [email protected].
The Economic Recovery Grant applications will be assessed by an outside consultant, who has been hired to oversee the grant process. The consultant has provided a similar oversight process to other Connecticut towns including East Windsor and Somers.
The Town’s ARPA Committee will finalize the recommendations for both grant categories and submit them to the Town’s Board of Selectmen for approval. The Town will share its grant decisions on its website.
The two grant programs are just one aspect of the Town’s total spending of the $2.162 million received in ARPA funds. The remaining funds will be allocated to town projects in the coming months. The Town’s ARPA Committee will assess the total volume of requested small business and nonprofit grants before voting on the funding cap for each category.
“The results from last December’s community survey indicated that many Old Lyme organizations had been impacted financially by the pandemic,” said Thomas Gotowka, Chairperson of the Town’s ARPA Committee.
He continued, “We now want to identify those small businesses that were hit the hardest, and those organizations that re-directed their resources in order to help us get through the crisis; and assist them with funds from Old Lyme’s grant programs.”
The fillable-pdf applications are now available at www.OldLyme-ct.gov.
Printed applications are available at the reception desk in the Old Lyme Town Hall foyer entrance.
Applications can be submitted online, postal mailed, or brought to the Town’s secured lockbox via the instructions on the application.
A complete set of rules and regulations governing the funding can be found on the application.
For more information, contact [email protected].