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Pontiac Times

Wednesday, November 27, 2024

PONTIAC REGIONAL CHAMBER: Oakland County to provide $35 million to help low-income residents, minority-owned businesses impacted by pandemic

Pontiac Regional Chamber issued the following announcement on June 9.

Oakland County is planning to make available $35 million in grants to help low-income residents and minority-owned businesses impacted by the COVID-19 pandemic

In May, the county received $219 million in federal Coronavirus Aid, Relief, and Economic Security (CARES) Act dollars to help with its coronavirus response efforts. To date, the county has appropriated over $75 million to address the pandemic and to create several grant programs aimed at helping businesses, residents, local governments, and non-profit organizations.

Two more grant programs are currently being considered by the board of commissioners. This includes $30 million to create the Oakland Together Financial Assistance Program to help low-income residents with overdue rent, mortgage, and utility payments and food assistance in the form of food vouchers and another $5 million to create the Minority-Owned Small Business Grant Program to help minority-owned small businesses.

Original source can be found here.

Source: Pontiac Regional Chamber

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