By Nancy West, Conway Daily Sun
CONCORD -- Gov. Chris Sununu spent much of his weekly news conference Thursday detailing how he expects to spend many millions of dollars the state expects to recoup from businesses that received CARES Act Funds but didn’t lose revenue because of COVID-19, plus the new funding from the American Rescue Plan.
The beneficiaries are expected to be small businesses, even if they didn’t lose revenue during the pandemic, and the hotel and lodging industry, live venues, clean drinking water, broadband expansion, mental health services and state parks. No final determinations have been made on specific programs.
Sununu said the state expects to recoup $50 million from businesses that accepted grants but didn’t end up losing money and many new opportunities from the lastest round of federal funds that will bring almost $1 billion to the state of New Hampshire and another $450 million to municipalities and counties.
Click here to read the full article on conwaydailysun.com.