Current:Home > NewsMaryland program to help Port of Baltimore businesses retain employees begins -AssetLink
Maryland program to help Port of Baltimore businesses retain employees begins
View
Date:2025-04-13 05:24:07
ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore announced on Friday the start of a program to help Port of Baltimore businesses retain employees in the aftermath of the Francis Scott Key Bridge collapse.
The $12.5 million program aims to prevent layoffs while recovery work continues. The program was created by executive order and authorized by emergency legislation the governor signed on Tuesday.
“We must do everything in our power to support the 8,000 Port workers whose jobs have been directly affected by the collapse of the Key Bridge — and the thousands more who have been touched by this crisis,” Moore, a Democrat, said in a news release.
The program is being run by the state’s labor department.
“The Worker Retention Program will keep Port businesses in operation and workers able to earn income and support their families as the U.S. Army Corps and others work to get the shipping channels reopened,” said Maryland Secretary of Labor Portia Wu.
Under the program, entities eligible for up to $200,000 in grants include businesses that employ up to 500 workers, unions, trade associations, and organizations that have had operations hindered or completely halted by the port slowdown.
Up to $7,500 can be spent per worker on wages or other support.
Businesses that receive funding under the program must demonstrate an effort to the fullest extent to avoid layoffs and maintain workforce hours, rates of pay, and benefits that were in effect before the port’s reduced operations.
Allowable expenses include supportive services for workers, such as subsidizing child care and transportation costs as well as payroll expenses as part of participation in the Work Sharing Unemployment Insurance Program.
The governor’s office said other relief programs that were authorized by the legislation signed into law this week will start on April 22.
One of them provides grants of up to $100,000 to eligible businesses that have had operations impacted or shipments disrupted at the port. To be eligible, businesses must demonstrate economic and financial injury through a reduction in business revenue and activity, or increased costs to business operations.
The Department of Commerce: Port of Baltimore Emergency Business Assistance Program will begin accepting applications.
Another program will make a total of $15 million in loans and grants available to businesses that have been affected by a loss of revenue or increased costs, under the Neighborhood BusinessWorks program administered by the Maryland Department of Housing and Community Development.
The Small Business Grants Program will have $5 million to offer grants up to $50,000 to small businesses within a 5-mile radius of the Key Bridge, and the Business Loan Program will have $10 million to offer loans up to $500,000 to businesses impacted by the Key Bridge collapse or reduction in Port activity statewide.
The container ship Dali was leaving Baltimore, laden with cargo and headed for Sri Lanka, when it struck one of the bridge’s supporting columns last month, causing the span to collapse into the Patapsco River. Six members of a roadwork crew were killed.
veryGood! (873)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Army says the US will restart domestic TNT production at plant to be built in Kentucky
- 'Like herding cats': Llamas on the loose in Utah were last seen roaming train tracks
- A list of mass killings in the United States this year
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Inside Wicked Costars Ariana Grande and Ethan Slater’s Magical Romance
- Judith Jamison, transcendent dancer and artistic director of Alvin Ailey company, dies at 81
- Republican Don Bacon wins fifth term to US House representing Nebraska’s Omaha-based district
- Meta releases AI model to enhance Metaverse experience
- Gender identity question, ethnicity option among new additions being added to US Census
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- FEMA: Worker fired after directing workers to avoid helping hurricane survivors who supported Trump
- Nicole Scherzinger Apologizes for Hurt Caused by Controversial Instagram Comment
- Officer responding to domestic disturbance fires weapon; woman and child are dead in Missouri suburb
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Obama relatives settle racial bias dispute with private school in Milwaukee
- Longtime Blazers broadcaster Brian Wheeler dies at 62
- Beware of flood-damaged vehicles being sold across US. How to protect yourself.
Recommendation
Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
How Ariana Grande Channeled Wizard of Oz's Dorothy at Wicked's Los Angeles Premiere
Inside Wicked Costars Ariana Grande and Ethan Slater’s Magical Romance
DOJ files lawsuit against Mississippi State Senate for severely underpaying Black staffer
Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
Boys who survived mass shooting, father believed dead in California boating accident
Can the Chiefs deliver a perfect season? 10 big questions for NFL's second half
SEC showdowns with CFP implications lead college football games to watch in Week 11