DMF begins process of distributing federal CARES Act relief to fishing and seafood industries

The Division of Marine Fisheries has begun the process to distribute federal disaster relief that Congress and the President approved to mitigate the financial impacts to marine fisheries participants that have suffered at least a 35% loss of revenue due to the ongoing pandemic. In the days ahead, some Massachusetts permit holders in certain sectors will be receiving mailed applications.  In March, the CARES Act provided $300 million of aid for the seafood industry with $27.8 million coming to Massachusetts, the third highest of all coastal states.  The funds were allocated among the states based on the relative contributions to the economy of four distinct sectors: commercial fishing, marine aquaculture, seafood processing, and for-hire (party and charter boats) fishing businesses. >click to read< 10:14

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