Hotel Reopening Grant Program

The City of Akron has set aside a portion to provide grants and assistance to support safely reopening hotels and motels located in Akron, Ohio that are located in Qualified Census Tracts (QCTs). This grant is restricted to independently owned and franchised hotel and motels, that, due to COVID, were forced to shut down for more than seven days, with at least 25 units available to clients on a year-round basis.

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Key Review Criteria

Required Application Contents

Use of Funds

Funding from grants awarded by this program may only be used to support reopening of the hotel or strengthen the hotels ability to sustain operations following reopening. Examples of eligible expenses are limited to the following:

Key Compliance Principles

Audit & Records

The award recipient shall maintain financial records, supporting documents, statistical records, and all other records pertinent to the award in accordance with Generally Accepted Accounting Principles formally prescribed by the United States to sufficiently substantiate charges to this award. Accounting records that are supported by documentation shall at a minimum be adequate to show all costs incurred under the award, receipt, and use of goods and services acquired under the award, the costs of the program supplied from other sources, and the overall progress of the program.

The City of Akron shall retain the right to conduct a financial review, require an audit, or otherwise ensure adequate accountability of organizations expending City funds regardless of the audit requirement.

Timeline

Applications will be accepted until August 31, 2022.