COVID-19 Resources

Listed below are resources and opportunities to support our partners in the wake of the COVID-19 pandemic. This list will be updated as new information becomes available. Please send questions and suggestions to Mary Katherine Crawford at crawf457@msu.edu.

LOCAL RELIEF  

The Greater Flint Urgent Relief Fund 

  • Applicants must have 501(c)3 status or be fiscally sponsored by a 501(c)3 organization 
  • Funding requests must be tied directly to COVID-19 
  • Grants are awarded on an ongoing basis  

STATE RELIEF 

Michigan Strategic Fund (MSF) Awardee Initiative 

  • For previous MSF supported community projects affected by COVID-19  
  • Awards determined based on applicant needs  
  • On 6/17, the state of MI finalized plans to allocate $100 million from the CARES Act for non-profits and small businesses 
  • Firms with 50 or fewer workers could qualify for up to $20,000 each 
  • Temporary fund: scheduled to end in 2021

FEDERAL RELIEF RESOURCES  

The Coronavirus Aid, Relief and Economic Stimulus (CARES) Act provides various methods of economic support to businesses through loans and tax credits: 

LOANS 

Paycheck Protection Program  

  • Applicants must have 501(c)3 status and with not more than 500 employees  
  • Must be used for payroll related costs, up to $10,000,000 
  • Temporary fund: scheduled to end June 30, 2020 

Industry Stabilization Loan Program (Section 4003)  

  • Applicants must have 501(c)3 status and between 500 to 10,000 employees 
  • Funds must be used to retain employees, including restoration of compensation and benefits 
  • No scheduled end date 

Economic Injury Disaster Loans and Grants (EIDL)  

  • Available to private NPOs that are tax exempt under sections 501(c), (d), or (e)  
  • Loans available up to $2,000,000 
  • Applicants may request that $10,000 of the total loan amount be given as a grant 
  • Available through December 31, 2020

TAX CREDITS 

Employee Retention Tax Credit  

  • 501(c) organizations whose operations have been suspended due to governmental orders related to COVID-19, or have observed a decline in gross receipts are eligible 
  • Employers receiving loans under the Paycheck Protection Program are ineligible 
  • Reimburses employers for up to 50% or $5,000 of qualified payroll expenses until January 1, 2021 

The Families First Coronavirus Response Act (FFCRA) requires certain employers to provide paid sick leave and family and medical leave due to COVID-19: 

Families First Tax Credit 

  • NPOs are eligible for reimbursements if required by the FFCRA to provide employees with paid sick leave and FMLA related to COVID-19  
  • Reimbursement amount to be determined by wages paid to employees who take leave under the Act for qualifying reasons until December 31, 2020 

LOCAL CONTACTS 

Michigan Small Business Development Center: (810) 762-9660 

VetBizCentral: (810) 767-8387 

*We are currently unable to provide a finite list of resources due to the unprecedented demand for funding and fluid environment. Organizations should consult with their attorneys and financial advisors to discuss the loans, grants and tax credits, sponsored by the CARES Act.