OHIO CARES ACT CORONAVIRUS RELIEF FUNDS
(COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced that the administration, in partnership with the General Assembly, 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.
“We know that Ohioans are hurting, and the needs are great. We must do what we can to help them through this crisis,” said Governor 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 is be taken to the State Controlling Board for approval on Monday, October 26.
The package includes $125 million in CARES Act funding to provide grants to small businesses with no more than 25 employees. 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 November 2, 2020 at businesshelp.ohio.gov.