Help is on the way to the City of Miami. City officials have decided they will distribute more than $8.5 million to businesses and residents that have been impacted by the pandemic by the end of the year. About $3.5 million will go to residents in the form of gift cards up to $250, and $5 million will go to businesses in the form of a grant, with each business getting up to $20,000.
Only businesses that can prove a loss of income and show they have not received any other federal funds can be eligible. The money must be reimbursed for businesses. The money will hopefully be out by December 31st.