Ohio developing $419 million CARES Act funding

Oct 28, 2020 | Featured | 0 comments

In partnership with the General Assembly, Gov. Mike DeWine is developing a package of more than $419.5 million CARES Act funding to help Ohioans. This package includes funding for small businesses, restaurants and bars, hospitals, higher education, arts, nonprofits, and low-income Ohioans impacted financially by the pandemic.

The package was approved on Monday, Oct. 26 by the State Controlling Board.

“We know Ohioans are hurting, and the needs are great. We must do what we can to help them through this crisis,” said DeWine. “Providing financial support to small businesses, the arts, and nonprofits will help them keep the doors open and Ohioans employed. For Ohioans in need, this assistance will help them stay in their homes, which can make all the difference.”

The package includes $125 million in CARES Act funding to provide $10,000 grants to small businesses of 25 employees or less. The grant funding will help businesses pay for a variety of expenses, including mortgage or rent payments; utility payments; salaries, wages, or compensation for employees and contractors; business supplies or

equipment; and other costs. The application for the Small Business Relief Program will be available Monday, Nov. 2 at businesshelp.ohio.gov.

With this package, the administration also is allocating $50 million from the Coronavirus Relief Fund to 47 Community Action Agencies to provide rent, mortgage, and water and/or sewer assistance to Ohioans in need. This assistance will help Ohioans pay outstanding balances back to April 2020.

Ohio households behind on their bills with an annual income at or below 200% of the federal poverty guidelines will be eligible for assistance. For a family of four, that is an annual income up to $52,400. Starting Monday, Ohioans will also be able to apply for assistance through their local Community Action Agency. Visit businesshelp.ohio.gov.

The administration will also designate $37.5 million of CARES Act funding for the Bar and Restaurant Assistance Fund. This fund will be available for Ohio restaurants and bars struggling financially as a result of the COVID-19 pandemic and limited in the full use of their liquor permit.

Businesses with an on-premise consumption permit will be eligible to receive $2,500 per unique business location.  Businesses need to have an active on-premise permit as of close of business on Oct. 23.  Starting Monday, permit holders will be able to apply for assistance at  businesshelp.ohio.gov.

Additionally, the package allocates $62 million in CARES Act funding for rural and critical access hospitals as the response continues for the COVID-19 pandemic. This funding may be applied to additional costs associated with the ongoing pandemic, including various safety measures, and the purchase of critical PPE for first responders.

“We are seeing a record-breaking number of hospitalizations throughout Ohio,” said DeWine. “This is deeply concerning as we are nearing the winter season. COVID-19 is not slowing down, and continues to hit our rural communities hard.”

It also includes $100 million in CARES Act funding for higher education. This funding will support critical COVID-19-related services provided at Ohio’s universities and colleges, including expanding testing for students, faculty, and staff, and mental health services.

“Our colleges and universities have done a great job at promoting the health and safety of students, faculty, and staff this fall,” said DeWine. “We know that there is a greater need for mental health services, and this funding may be put towards expanding access to those services on campuses.”

In addition, $25 million CARES Act funding will be designated for nonprofits, and $20 million to support Ohio’s world-class arts organizations. These funds will be used for costs incurred throughout the COVID-19 pandemic.

To date, more than $2.1 billion Coronavirus Relief Funds have been distributed to local governments, childcare, PPE, broadband access, and other critical areas in need of financial assistance.

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