Establishes a program to provide financial relief to small businesses impacted by state and local government construction projects.
The Construction Disruption Assistance Act creates a program within the Department of Commerce to provide financial assistance to small businesses affected by construction disruptions. The program offers low-interest loans up to $100,000 to eligible businesses experiencing a verifiable reduction in revenue or increased operating costs due to construction activities. The Department of Commerce must develop a public awareness campaign to promote the program and ensure its website is accessible to all potential applicants.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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