Third Memorandum Added to OMB COVID-19 Grant Exceptions
The OMB has issued a third memorandum to its list of grant exceptions in light of COVID-19. This addition allows Federal awarding agencies to repurpose their awards to support COVID-19 needs, including, but not limited to, the donation of medical equipment and supplies purchased with Federal funds.
You can learn more here.
Under the Coronavirus Relief Fund, up to approximately $7.3 billion may go directly to cities to support communities and their fiscal capacity to respond to COVID-19. Learn more about this fund that falls under the CARES Act and how it helps cities’ and counties’ programs and initiatives during this global pandemic here.
On Friday, March 27 the president signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the third coronavirus response bill. The $2.2 trillion package expands on previous bills and includes several provisions related directly to state funding. Find more information here.
Are you a nonprofit wondering how the Coronavirus Aid, Relief and Economic Security (CARES) Act may work for your organization? Check out this CARES Act resource guide for individuals, small nonprofits, and large nonprofits.