Over the past 22 months, the United States has lost more than 800,000 people due to COVID-19. And the people who have been fortunate enough to survive, have however faced a number of other struggles because of the pandemic.
The pandemic has especially hit the economy hard. This has led to many people facing housing and food insecurity. According to the U.S. Census Bureau, the number of adults still not caught up on rent has remained above 10 million people since the end of March 2021. The Center on Budget and Policy Priorities (CBPP) states that 5.2 million households in the U.S. are using federal rental assistance. According to the organization, the median rent for an apartment has also increased by 13 percent since 2001.
Many businesses have also been hurting as a result of COVID-19. According to the Pew Research Center, employment among low-wage workers fell by 11.7 percent from 2020-2021. Along with staffing shortages, companies have also been having a hard time continuing to keep their businesses open.
While many nonprofits and individuals are doing so much good work to help, grants are another big way to get these individuals and businesses the help they need. For this reason, GrantNews is sharing five economically-focused COVID-19 grants today.
Five COVID-19 Grants to Help with Economic Recovery
- Firstly, there are grants available to U.S. first responders to assist with expenses. Funding will offset financial hardships incurred as a result of the Coronavirus (COVID-19) pandemic.
- There are also grants of $10,000 to U.S. for-profit foodservice businesses owned by individuals of Asian and Pacific Island descent. The funding is for financial support following the Coronavirus (COVID-19) health crisis. The goal of the program is to provide opportunities to those facing funding inequities, specifically the AAPI community.
- Funding is available for U.S. small businesses for financial assistance during the COVID-19 pandemic. Funding is for applicants that have been negatively impacted by the pandemic.
- In addition, there are grants available to U.S. individuals for financial assistance during the COVID-19 crisis. Funding is for help service workers and tipped workers, including employees of salons, restaurants, and car service or delivery apps, who have experienced income losses during the pandemic or are not able to work because of quarantines or other health concerns.
- Finally, there are grants to U.S. tenants for rent support to mitigate the effects of the Coronavirus (COVID-19) crisis. Funding is to assist lower income households, with priority going to eligible tribal members, that have been impacted by COVID. Funds may be used to pay past due rent, utilities, relocation expenses, and, in some cases, rent-to-own assistance and WiFi.