$484B More in Stimulus Funds Headed for Release: What’s Included, What’s Not

$484B More in Stimulus Funds Headed for Release: What’s Included, What’s Not

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Taking stock of the current bill and looking to the future, Delaney tells NPQ that the National Council on Nonprofits is “glad more funding is being made available for the PPP and EIDL programs. Many nonprofits needing access to these funds were shut out of the first round of funding. It’s a big deal that the bill carves out $60 billion for small lenders that were the success story for nonprofits during of the first round. These are the lenders that, like nonprofits, put community ahead of profits or privilege.”

Still, Delaney adds, “with attention already turning to the next phase of legislation, more must to be done to ensure nonprofits have the resources they need as people in communities are turning to their local nonprofits even more.”

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Nonprofit Quarterly
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