Cares Act Stimulus Grants
After weeks of back and forth congress has approved a new 900 billion stimulus package to follow up the cares act from march which included a 1 200 stimulus check 600 in.
Cares act stimulus grants. One of the hallmarks of the cares act the original covid relief bill passed back in march was the additional federal unemployment insurance that provided those who lost their jobs with 600 a. Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states. Updated nov 20 2020.
In march 2020 u s. What k 12 districts need to know by dr. To qualify for our service you must have a minimum of 4 employees or a personnel expense of at least 300 000 annually.
Kecia ray and susan gentz 15 april 2020 thanks to the cares act 16 5 billion is set to go directly to state and local education agencies. The provider relief fund supports american families workers and the heroic healthcare providers in the battle against the covid 19 outbreak. The boosted stimulus package allocates additional 370b for small business loans and grants to offset the economic impact of the covid 19 pandemic.
Lawmakers agreed on the passage of a 2 trillion stimulus bill called the cares coronavirus aid relief and economic security act to blunt the impact. Cares grant funding is an independent service offered by d d inc our purpose is to help small to large businesses gain access to federal stimulus funding. Cares act stimulus funds and grants.
Congress just replenished the landmark cares act with 370b in funding earmarked for small businesses.