Here’s how over $429 million in additional federal CARES Act funding will benefit Ohio

Here’s how over $429 million in additional federal CARES Act funding will benefit Ohio

CLEVELAND, Ohio (WOIO) - Ohio Gov. Mike DeWine discussed on Friday afternoon how the state will dispense approximately $429.5 million in federal funding to assist in coronavirus recovery.

Here’s how over $429 million in additional federal CARES Act funding will benefit Ohio
Here’s how over $429 million in additional federal CARES Act funding will benefit Ohio

“We know that Ohioans are hurting, and the needs are great,” the governor said.

Gov. DeWine shares how millions in federal CARES Act funding will benefit Ohio https://bit.ly/2IRLyKu

Posted by Cleveland 19 News on Friday, October 23, 2020

In March, Ohio was allocated $1.26 billion as part of the federal CARES Act program.

Gov. DeWine initially dispensed $350 million in funding to counties, municipalities, and townships in the fight against the coronavirus.

The following sectors will benefit from Friday’s announcement:

  • Bars and restaurants will receive $37.5 million. Checks in the amount of $2,500 will be distributed to businesses with on-premise consumption.
  • Starting Nov. 2, eligible Ohioans could receive a portion of $50 million for rental, mortgage, water, and sewer utility assistance.
  • Higher education institutions will benefit from $100 million to assist with critical services on campus, including COVID-19 testing and mental health support.
  • Small businesses of 25 employees or less will be provided with $125 million. Eligible businesses can apply, beginning Nov. 2, for $10,000 grants.
  • Approximately $62 million in funding will support rural and critical access hospitals with care and increased costs for safety measures.
  • Arts and non-profit organizations will receive $45 million.

Jillian Wolstein, the Owner of Truman’s 216 Bar and Restaurant in the Flats says every little bit helps because their industry is struggling, “Any amount is helpful and I would never want to sound ungrateful because everyone, this whole industry has been struggling since March now. We do a meal program every Wednesday and Friday, we support two alternative housing organizations Front Steps, and Frontline. And that’s about $800 a week that we put our revenue towards. So $2500 for me would support that program for three weeks.”

The governor, who was joined by Lt. Gov. Jon Husted, Ohio Senate President Larry Obhof, and Ohio Speaker of the House Robert Cupp, said additional CARES Act funding is being reserved incase another stimulus package is not agreed upon.

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