Atlanta

Atlanta City Council Greenlights $7.5 Million Relief Fund for Businesses Affected by Water Crisis

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Published on June 19, 2024
Atlanta City Council Greenlights $7.5 Million Relief Fund for Businesses Affected by Water CrisisSource: Google Street View

After a series of water main breaks disrupted Atlanta's flow in early June, small business owners are now looking at a financial lifeline; the Atlanta City Council has unequivocally approved a $7.5 million relief fund. In a unified decision on Monday, the council moved to assist those caught in the torrent of the water crisis, as reported by GPB. This designated relief, funneling through Invest Atlanta, aims to offset revenue losses and cover employee wages for businesses within the boil water advisory zones, with precedence given to restaurants, salons, and daycares.

From May 31 to June 6, nearly half the city was under a boil water advisory, the relief fund responds to the plea of businesses trembling on the edge of these watery woes businesses within this swathe of Atlanta, the fund serves as a crutch to those industries which felt the immediate dampening of their operations. Invest Atlanta CEO Elisa Klementich highlighted the importance of preparative actions, advising small business owners to compile relevant sales documents: “We're asking for a POS report — a point of sale report — for two weeks prior,” Klementich said, “So this will be important for us. We want to see what were your sales two weeks prior and then the two weeks during. That should be a clear sign,” Councilmember Antonio Lewis further acknowledged the broader impact of the water crisis and the need for similar support to be extended to residents within his district, as reported by GPB.

Application windows for the Atlanta Recovery Fund will creak open on June 24 and snap shut promptly on July 8, businesses are urged to get their ducks in a row, in accordance with advice from Invest Atlanta's CEO. “I know we need to wait one month to see how bills were affected, but I want to see the mayor put together the same type of legislation, piece of legislation, that would take care of people in the city of Atlanta,” Lewis expressed the need to stitch a wider safety net, covering not just businesses but also residents socked by the ripple effects of the public utility disruption, GPB reported.

The relief fund's availability will stretch only until June 30, 2025, thereafter any funds left unreleased will flow back to the Water and Sewer Revenue fund, securing its intended temporary nature and providing a clear end date for businesses to draw upon these emergency means. As Atlanta dries off from this infrastructural inundation, the council's measure stands as a testament to swift municipal response in the face of crisis, with hopes high that the ripple effects of this financial buoyancy will be felt far beyond the drying pavement.