COLUMBUS – State Rep. Jon Cross (R-Kenton) Monday announced the state Controlling Board has approved $425 million in federal CARES Act funding to support small businesses, rent and mortgage assistance, higher education, rural hospitals, non-profit unemployment, and the arts.
“This much-needed funding will protect the livelihood of many Ohioans as we continue to combat the impact of the COVID-19 pandemic,” said Cross. “The success of small businesses and these industries will help strengthen Ohio’s economy, and I’m grateful they are receiving this deserved support.”
The package approved today will be distributed to the following areas:
.$125 million for small business grants, which will allow small businesses to apply for up to $10,000 in relief;
.$55 million for rent, mortgage and utility assistance to be administered by the DSA through various Community Action Agencies;
.$100 million for higher education to assist with added expenses due to COVID-19;
.$62 million for rural/critical access hospitals;
.$38 million in liquor permit rebates;
.$25 million for non-profit unemployment, and
.$20 million to support the arts.
Details and eligibility information on the Small Business Relief Grant, Home Relief Grant, and the Bar and Restaurant Assistance Fund are available at https://businesshelp.ohio.gov/. Ohioans can begin applying for the relief funding on November 2.
Since the onset of COVID-19, the Ohio House has passed more than a dozen bills related to the pandemic, including measures to support small businesses, schools, healthcare workers, first responders and more.
With Monday’s approval, the state has committed $3 billion in federal CARES Act funding to support schools, colleges, local governments and more with COVID-related expenses.