Navigating Federal Funding Relief Opportunities for Nonprofits
Experts from Open Door Advisors walk participants through their free guide to funding related to COVID-19 and address the latest changes, new opportunities, and what you might expect in the future. A substantial portion of the session is dedicated to participant questions.
As Forefront recently shared, the U.S. Senate has passed an “interim” spending bill to further support small-business loan programs. The bill, expected to be passed by the House and signed into law shortly, provides a total of $484 billion in new spending, including funds for the PPP and EIDL programs of the U.S. Small Business Administration that will be discussed on the webinar:
- $310 billion in new money for the Paycheck Protection Program (which is open to nonprofits)
- $50 billion to the Economic Injury Disaster Loan (EIDL) program
- $10 billion to the EIDL Emergency Advance grants program
- $75 billion to hospitals
- $25 billion for testing, split between the states and federal government
Recorded April 29, 2020.