This month brought some fresh hope for advocates pushing to re-up the federal grant program. A group of local business owners, along with New York State Restaurant Association president and CEO Melissa Fleischut, front, advocate for additional federal funding to assist restaurants . The. The vote is a devastating blow to the restaurant industry and small business operators. "It's not a guess, you will see thousands of restaurants close across . Yesterday, the U.S. Senate was unable to overcome a filibuster on a motion to begin debate on a $48 billion bill that would have replenished the Restaurant Revitalization Fund (RRF). WASHINGTON, D.C. — The U.S. Senate on May 19 didn't advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). The vote is a devastating blow to the restaurant industry and small business operators. 65% of restaurants and bars in New York were shutout of this critical relief program that they desperately need when RRF funding was . Washington, D.C. (May 19, 2022) - Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). By Jonathan Maze on May 19, 2022. Restaurant Revitalization Fund FAQ; Restaurant Revitalization Fund Overview; PPP 2nd Round Restaurant Guidance; . The proposal, on the COVID relief program, made its way to the House Committee on Rules on Tuesday. 3807 is a bill in the United States Congress. - U.S. On Thursday, the Senate voted down the Small Business COVID Relief Act of 202 2, which would've added . "It's not a guess, you will see thousands of restaurants close across . As we recently shared, the NYC Hospitality Alliance is advocating hard with groups around the country to replenish the Restaurant Revitalization Fund which was quickly exhausted after the application opened, leaving countless restaurants, bars, caterers and others without the funding they need to survive and recover.. Now, the Restaurant Revitalization Replenishment Act will be introduced . Restaurant Revitalization Fund was originally created when the American Rescue Plan Act was created and funded. PREVIOUS COVERAGE: Houston hospitality industry struggles to hire workers amid high unemployment The RRF is a more than $28-billion federal grant, passed during the COVID-19 pandemic to help struggling restaurants, stay afloat. National Restaurant Association Statement on Small Business COVID Relief Act of 2022 vote Washington, D.C. (May 19, 2022) - Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF).The vote is a devastating blow to the restaurant industry and small business operators. The Restaurant Revitalization Fund Replenishment Act of 2021 is endorsed by both NRA and the Independent Restaurant Coalition, as well as both Republican and Democrat House and Senate lawmakers. The fund was signed as a $28.6 billion lifeline for restaurants, particularly . In state, 7,236 restaurants submitted RRF grant applications, but only 3,247 received funding before the money ran out. For a lot of them, because of the way the Paycheck Protection Program (PPP) was structured, they didn't get the help they needed. The vote on Small Business COVID Relief Act of 2022 (S. 4008) secured a bipartisan majority in favor of passing the bill at 52 votes versus 43 against, but the . As many of you know, the Restaurant Revitalization Fund allocated $28.6 billion in grant money to restaurants devastated by the pandemic. That's why some local restaurants hope the Senate will vote to replenish the Restaurant Revitalization Fund this week. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law. According to Justin Goodman, a spokesman for Senate Majority Leader Chuck Schumer, D-N.Y., a campaign headed by Small Business Committee Chairman Ben Cardin, D-Md., is . The Senate is about to take a vote on whether or not to debate the issue. In state, 7,236 restaurants submitted RRF grant applications, but only 3,247 received funding before the money ran out. The Restaurant Revitalization Fund is now up and running. Last month the U.S Small Business Administration announced the closured of the relief fund. In total, over 362,000 applications were . The portal for the Restaurant Revitalization Fund officially closed this past week, with more than 362,000 applications seeking $75 billion in funding. The pandemic had taken his namesake company Fukumoto right to the edge of insolvency. Bills numbers restart every two years. . WASHINGTON, May 19, 2022 /PRNewswire/ -- Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). ROCHESTER, N.Y. (WHEC) — The Restaurant Revitalization Fund is not getting any more money as part of the sweeping $1.5 trillion omnibus spending bill. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical . The Restaurant Revitalization Fund will not receive more funds as part of the omnibus spending bill, which will likely lead to more pandemic-related restaurant closures Expect to see many more . Within the first hour of pre-registration, more than 41,000 people joined in, according to SBA Administrator Isabella Casillas Guzman and Associate SBA Administrator Patrick Kelley. More than 278,000 restaurants applied for RRF grants, with 101,000 applications funded before the $28.6 billion program was depleted. WASHINGTON, DC - Today, Senator Maria Cantwell (D-WA) released the following statement after the Senate failed to pass additional funding for the Restaurant Revitalization Fund. The RRF has been a critical lifeline for struggling businesses. That means there are other bills with the number H.R. Restaurants Ask Biden Administration To Replenish The RRF. April 25, 2022. The vote total on Thursday was 52 to 43. Replenish RRF Act. The Restaurant Revitalization Fund Replenishment Act of 2021 would have added $42 million into the federal pandemic-era relief program, potentially throwing a life preserver to the beleaguered . That's why some local restaurants hope the Senate will vote to replenish the Restaurant Revitalization Fund this week. Restaurant Revitalization Fund (RRF) Senate Vote - Oregon Senators Voted Yes. History of the Restaurant Revitalization Fund. That fund rescued many businesses as they were able to open back up in 2021. The vote on Small Business COVID Relief Act of 2022 (S. 4008) secured a bipartisan majority in favor of passing the bill at 52 votes versus 43 against, but the . The final vote was 52-43. Add your answer and earn points. Erika Polmar - Executive Director of The Independent Restaurant Coalition, added: "Unfortunately, as amazing as it was to have the American Rescue plan include the Restaurant Revitalization Fund, it was terribly underfunded and it only provided 28.6 billion dollars." (Businesses that were not open for all of 2019 and 2020 were eligible to use alternative calculations.) Meanwhile, other industries advanced their own grant program proposals but those . WASHINGTON, D.C. - "The Restaurant Revitalization Fund is a vital, financial lifeline for our independent, local restaurants that were hit hard by the COVID-19 pandemic," said Rep. Fitzpatrick.. "Due to the overwhelming demand for relief, Congress must work together on a bipartisan basis to replenish the Restaurant Revitalization Fund as soon as possible. On March 11, government . H.R. After months of political jockeying, the Restaurant Revitalization Fund is officially dead. Unfortunately, that allocation wasn't nearly enough to meet the demand. Actions on H.R.3807 - 117th Congress (2021-2022): Restaurant Revitalization Fund Replenishment Act of 2021 The Restaurant Revitalization Fund (RRF) is a government fund established as part of the American Rescue Plan Act (ARPA) of March 11, 2021 to help businesses that were negatively affected by the pandemic. On March 11, government . Clubs and Organizations. Created: March 10, 2022 07:30 PM. Will the Restaurant Revitalization Fund… Edit Will the Restaurant Revitalization Fund be replenished? And the Texas Restaurant Association (TRA) says more than 100,000 jobs are at stake if the RRF is not replenished. The SBA said . Lake473 is waiting for your help. DENVER — More than 278,000 businesses applied for federal relief through the Restaurant Revitalization Fund (RFF) but . First introduced in March of 2021, the RRF was part of the American Rescue Plan stimulus bill, allocating $28.6 billion in federal funds for restaurants as tax-free grants. The U.S. Senate voted Thursday against replenishing the Restaurant Revitalization Fund, blocking a bill that would have provided $48 billion in financial relief to businesses negatively impacted . The $28.6 billion RRF was created in March 2021, but the Small Business Administration closed it on June 30 once funding was exhausted. The SBA closed the Restaurant Revitalization Fund (RRF) three weeks after received more than 362,00 applications requesting close to $80 billion in assistance. The vote is a devastating blow to the restaurant industry and small business operators. Senator Elizabeth Warren will be in Cambridge on Tuesday for a roundtable discussion on legislation she's co-sponsored that would replenish the Restaurant Revitalization Fund. Share. One in six—or roughly 110,000—establishments were closed and not open for business in any capacity. Warren stumps to replenish Restaurant Revitalization Fund; White House weighs in. The U.S. Senate on Thursday ended the possibility of replenishing the Restaurant Revitalization Fund when a $48 billion bill to provide relief to small businesses hit by COVID restrictions could not generate enough votes to overcome a filibuster. A request for the Restaurant Revitalization Fund to be replenished. The Restaurant Revitalization Fund was part of President Joe Biden's American Rescue Plan Act. The vote to invoke cloture and overcome the filibuster failed by a vote of 52-43 . According to Restaurant Business, 105,000 restaurants qualified, 105,000 restaurants managed to qualify for aid before the fund dried up, leaving 177,000 applications in limbo after the program . According to information from National Restaurant Association, more than 278,000 restaurants got funded $28.6 billion in aid with the first tranche of payments. 3807. If not, they say some family-owned businesses will likely have to close. . "The RRF was supposed to assist restaurants in . Washington, D.C. (May 19, 2022) - Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). Restaurant Revitalization Fund was originally created when the American Rescue Plan Act was created and funded. The Senate is about to take a vote on whether or not to debate the issue. No question, the pandemic has taken its toll on a lot of small restaurants over the last 12 months. All of these funds will be allocated in the form of grants of up to $10 million per business. MARYLAND- It appears that funding through the Restaurant Revitalization Fund will not be replenished, something that we are told is upsetting for local businesses. By Jonathan Maze on May 19, 2022. Nationally, 177,000 restaurants missed out on funding while 100,000 of their competitors were given a huge and unfair advantage — and that scenario is mirrored in New York and Hell's Kitchen. How Would the Replenished Restaurant Revitalization Fund Work? When Kazu Fukumoto, the owner of a Japanese restaurant in Austin, Texas, got word that he had been approved for a Restaurant Revitalization Fund (RRF) grant in late May, it felt like a weight had been lifted off his shoulders. The final vote was 52-43. A bill that would refill the Restaurant Revitalization Fund with $40 billion failed to pass the Senate Thursday, dealing what could be a death blow for some struggling restaurants that didn't receive grants from the program.. WASHINGTON, May 19, 2022 /PRNewswire/ -- Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). In 2021, the original program received $28 billion, but was . A dire situation "Restaurants aren't asking for more aid - we're looking for the aid we never received," says Matt Kelly , an independent restaurant owner and chef in . The vote is a devastating blow to the restaurant industry and small business operators. The sector closed the calendar with 2.5 million fewer jobs. The vote dashed hope of replenishing the Restaurant Revitalization Fund, which ran dry with 177,000 operators looking in from the outside. Awardees were required to use RRF funds by March 11, 2023, on eligible expenses incurred from February 15, 2020, and March 11, 2023. It was intended to "provide funding to help restaurants and other eligible businesses keep their . Shuttered either temporarily or permanently. The U.S. Senate on Thursday voted down a bill to replenish the Restaurant Revitalization Fund, a federal grant program that buoyed 101,000 establishments last year, but snubbed more than 177,000 eligible applicants when it ran out of funds in just three weeks.Despite having sponsors on both sides of the aisle, advocates in the Senate failed to secure the requisite 60 votes to pass the legislation. The vote is a devastating blow to the . As a result, we're seeing operators across the industry begging Congress to take action, fighting for a replenishment of the Restaurant Revitalization Fund (RRF). Mass. WASHINGTON, DC - Today, Senator Maria Cantwell (D-WA) released the following statement after the Senate failed to pass additional funding for the Restaurant Revitalization Fund. The vote is a . The quickly exhausted Restaurant Relief Fund has yet to be replenished after quickly running out earlier this summer. This program was designed to provide funding to restaurants and bars impacted by the pandemic. Calling On Congress. MARYLAND- It appears that funding through the Restaurant Revitalization Fund will not be replenished, something that we are told is upsetting for local businesses. National Restaurant Association Statement on Small Business COVID Relief Act of 2022 vote. Here's where efforts stand. The money in question is the Small Business Administration's (SBA) $28.6 billion Restaurant Revitalization Fund (RRF). WASHINGTON, D.C. — The U.S. Senate on May 19 didn't advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant Revitalization Fund (RRF). The U.S. Small Business Administration (SBA . Time is running out, so YOU must act now to ensure the Restaurant Revitalization Fund (RRF) is replenished in tandem with the federal government's appropriations process that must be completed by March 11. 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