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City announces economic stimulus plan

September 22, 2020

 

The City of Cordova has allocated $1 million of its CARES Act funding to mitigate the financial impacts of COVID-19 on Cordova residents and businesses. Funds will be issued directly to Cordova residents in the form of a CordovaCash card preloaded with funds to be used exclusively at Cordova-based businesses. The funds will directly impact Cordova’s economy through spending at local businesses.

 

Businesses

  • Complete an application to ensure CordovaCash cards can be used at your business.
  • Make sure your business license is up to date.
  • Your business needs credit card processing capability and accept VISA. If not, consider signing up for Square, PayPal or any system that allows use of VISA cards.
  • Once approved, a representative of the City of Cordova or Cordova Chamber of Commerce will set up a time to swipe an activation card on your credit card processor so you will be ready to accept CordovaCash cards.

 

Residents

  • Complete the application.
  • Must have a physical address in Cordova and intend to reside in Cordova through the 2020-21 winter season. May need to confirm residency with utility bill, mail, lease or other document.
  • Must indicate how your household has been impacted by COVID-19 health emergency.
  • Once approved, CordovaCash cards will be issued in the following increments: $500 for each applicant and applicant spouse/partner, $300 for each dependent.  Cards will be distributed by mid-November.

 

Individual and Businesses can apply online at cityofcordova.net/cashcards/ Applications are also available for in-person pickup at City Hall/Cordova Center Mon-Friday from 10-4 and in a folder outside the main doors of the Cordova Center. Questions can be directed to This email address is being protected from spambots. You need JavaScript enabled to view it. or call City Hall at 424-6200 or Cordova Chamber of Commerce at 424-7260.

The deadline to apply is October 16th.

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