Pandemic Relief Grants- are provided to people suffering from a natural disaster or COVID-19-like situation. These grants are the government’s financial aid to NGOs and other private entities.
Pandemic relief grants can also be called personal emergency funds you can avail from the government in disasters such as fire, hurricanes, flooding, earthquakes, etc.
This pandemic grant will cover the cost of providing you and your family with necessities such as clothing, food, and shelter.
This personal financial aid can also cover the cost of you traveling somewhere else safer in the meantime or your relocation to a safer place permanently.
It is granted to those whose “principal place of residence” – or the place where you and your family are currently living – gets hit by a disaster.
This primary address should be the same as your mail, license, and electoral registration.
As a form of identification, you may use any or all of the following when applying for personal financial aid: your driver’s license, health card, passport, and bank account billings and statements.
“Needs” that are accounted for by individual disaster cash grants include the following: provisional lodgings, clothing, medicine, food, toiletries, and repairs to damaged property- including the ones inside your home like refrigerators, beds, etc.
An individual emergency cash grant is placed at about $1500 per family. And it depends on the children and adults living in that home. Typically, a check is issued to the family.
Pandemic Relief Grants- Application Process
For one, the application should be passed within seven days of the occurrence of the disaster or event. You will also be asked to undergo an assessment in the form of an interview.
Suppose the disaster/poor health conditions stop you from applying for personal financial aid within seven days.
In that case, it is understandable if your application comes in later, but only as soon as you have the means to get your application in. Also, only one person in your family can apply for the grant.
You can undoubtedly scout the Web for government sites, or you can look for various pandemic grants on the internet.
Pandemic Relief Grants- List
1. Paycheck Protection Program
The Coronavirus Aid, Relief, and Economic Security Act inspired the lending program known as the Paycheck Protection Program.
With the help of 100% government-guaranteed loans, this original $350 billion initiative was designed to help American small companies with their cash flow for eight weeks.
The Small Business Administration backs the loans (SBA). The complete text of the bill is available here.
The Paycheck Protection Program, passed in late April, added $310 billion to the program’s budget.
With the Act’s passage, the program underwent significant adjustments that gave participants additional time to use the cash and made it simpler to get loans canceled in full.
On December 27, 2020, a second stimulus package that added an extra $285 billion in funds and updated the list of qualifying costs was signed into law.
Additionally, it opened up a second PPP loan for companies that had already utilized their first PPP loan and had had a revenue decline of at least 25%.
For more information, visit sba.gov.
2. Shuttered Venue Operators Grant
The American Rescue Plan Act revised the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, which established the Shuttered Venue Operators Grant (SVOG) program.
The program, run by the SBA’s Office of Disaster Assistance, provides awards totaling over $16 billion for closed venues.
The most awarded in a single grant is $10 million, and qualified candidates may be eligible for awards equal to 45 percent of their total earned income. For qualified applicants with up to 50 full-time employees, $2 billion is set aside.
For more information, visit sba.gov/shuttered-venue-operators-grant.
3. UNC COVID-19 Financial Assistance
UNC agrees that the interruption of university operations brought on by the COVID-19 epidemic may have cost students more money.
Numerous initiatives, including the Student Impact Fund and the student portion of the CARES/CRRSAA financing from the U.S. Department of Education, have provided emergency assistance to students.
These funds helped students cover expenses such as food, temporary housing, transportation, technology, and medical care related to the coronavirus-caused disruption of university operations.
Through its emergency grant program, which was created to help students with pressing needs to finish the spring semester, it will continue to assist eligible students during the pandemic/national emergency.
For more information, visit studentaid.unc.edu.
Bottom Line
You must consider two key aspects while searching for an in-state small business grant. First, make sure you satisfy the conditions for the grant program.
Because grantees don’t want to waste it applying for grants they aren’t eligible for.
It is also suggested that you consult a mentoring specialist who can point you in the direction of grant opportunities in your area.
See Also
How to Apply for Small Business Grant?
Grants for Women Starting a Business
Follow us