Gov. Kemp’s Hotel Relief Grant
Hotel Relief Grant Program
Yesterday in Savannah, staff members of the Governor’s Office of Planning and Budget announced that Governor Kemp has approved $150 million for the Hotel Relief Program. These grants will be awarded on a first-come, first-served basis beginning Monday, May 15.
- Information regarding the grant program, including full eligibility requirement and FAQ’s are available on the grant program website accessible by the link below.
- Hotel Relief application will open on May 15, 2023. Please check back then to apply!
The Hotel Relief Grant Program will provide direct aid to hotels that can demonstrate a negative economic impact of COVID-19. A total of $150 million will be allocated for the establishment of an economic recovery fund for hotels impacted by COVID-19.
- Program Contact: [email protected]
- Application Period: May 15, 2023 – Until Funding is Expended
- Program Total:$150,000
- Award Amount: Varies (5% of demonstrated revenue loss of 15% or greater)
- Grantee Type: Beneficiary
- Eligible Applicants: Owners of hotels or bed-and-breakfasts operating during 2020 who meet the eligibility criteria outlined with the NOFO.
You are eligible for grant funds if you meet the following criteria.
- You are a hotel or bed-and-breakfast with NAICS Code 721110 or 721191.
- You are in good standing with the state of Georgia’s Secretary of State’s Office.
- You are subject to the accommodations tax.
- You were established prior to April 2019.- (first full month of impact)
- You can demonstrate negative impact of COVID-19 by providing federal income tax return showing 15% or greater reduction in revenue adjusted for COVID-19 costs in 2020 over 2019. (You can provide FEIN, W9, and a federal and state return from calendar year 2019 and 2020.
- You do not owe any state taxes.
Eligible Applicants must demonstrate the negative impact of COVID-19 by providing:
- A summary of your changes in EBITDA from 2019 to 2020. A narrative on what contributed to the changes in EBITDA from 2019 to 2020.
- List of COVID-19 relief funds received by your organization (local, state, and federal) and enter amount received and how these funds were used to address the impact of COVID-19 on the organization.
- Information on an existing operational gap after receiving relief funds.