Poverty groups brace for influx of need as extra unemployment benefits expire

Poverty groups brace for influx of need as extra unemployment benefits expire

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According to the National Council of Nonprofits, which represents both Metropolitan Interfaith and Wildfire, nonprofits across the country are facing huge spikes in demand for their services. They also note that non-profits themselves — which have had some troubles accessing PPP funds — are at risk of closing down.

Already, more than 1 million nonprofit employees have been laid off. The Council’s member association in South Carolina estimated that 29% of nonprofits in the state could not survive until the end of the year without additional financial support.

Since unemployment funding under the CARES Act expired in July, negotiations for additional stimulus in Washington, D.C., have basically gone nowhere. The Council has outlined a series of priorities for the next round of stimulus, including both a continuation of unemployment benefits and changes to the Paycheck Protection Program.

Source Name: 
Yahoo Money
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