PROVIDENCE, R.I. (WPRI)– The Rhode Island Structure is releasing a $20 million grant program targeted at assisting Rhode Islanders with real estate, appetite and behavioral health in the wake of the COVID-19 crisis.
The financial investment will be the not-for-profit’s largest-single grant program in its 106-year history, according to President and CEO Neil Steinberg.
” It’s most likely the most interesting and many required thing we will do all year here at the Rhode Island Structure,” Steinberg stated.
The grant program was produced for and consisted of in Gov. Dan McKee’s FY 2023 budget plan utilizing financing from the state’s $1.1 billion share of the federal American Rescue Strategy Act (ARPA) allotment.
” Supporting regional nonprofits that are dealing with real estate, homelessness, appetite and behavioral health is essential to preserving Rhode Island’s momentum,” McKee stated. “These grant dollars will serve nonprofits that remain in our neighborhoods throughout the state and are doing essential work each and every day.”
The grants will likely vary from $50,000 to $150,000. The Rhode Island Structure will be accepting applications from regional nonprofits on a rolling basis up until the cash is gone.
” The state’s nonprofits are a lifeline for Rhode Islanders most in requirement,” R.I. Home Speaker Joseph Shekarchi stated. “This federal financing offers these companies the resources to supply the essential support required to keep individuals housed and healthy as they get better from the pandemic.”
The financing will be provided to not-for-profit companies that experienced unfavorable financial effects as an outcome of the pandemic and work to resolve food insecurity, real estate instability and behavioral health throughout the state.
” Organizations that lie or dealing with those hardest struck in the neighborhoods,” Steinberg stated. “We understand our neighborhoods of color were hard struck. We understand that our senior populations were hard struck.”
The Rhode Island Structure has extra eligibility requirements for candidates:
- Applications will be accepted through Feb. 15, or up until all of the funds are used up.
- Applicants need to be a Rhode Island-based 501( c)( 3) not-for-profit company or have a financial sponsor/agent.
- Applicants need to confirm they were adversely affected by the COVID-19 pandemic.
- Nonprofits can just get one grant through this program.