In an announcement on Friday October 23rd, Governor DeWine stated nearly half of Ohio’s $900 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding will be dispersed to people, businesses and organizations with “needs that are great”.
DeWine and Lt. Gov. Jon Husted also announced the creation of the Small Business Relief Grant program, with applications opening Nov. 2. This program will offer a total of $125 million, in $10,000 grants, to Ohio businesses with no more than 25 employees.
- $50 million for rent, mortgages, water and/or sewer assistance: Ohioans with an annual income at or below 200% of the federal poverty level can receive assistance dating back to April.
- $62 million for rural and critical access hospitals
- $100 million to higher education: This funding will support critical services on campuses for COVID-19 testing and mental health services.
- $25 million to nonprofits
- $20 million to arts organizations
If you have questions or want to know if you might qualify, for this funding, reach out to one of us, or your HW&Co. advisor.