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The CARES Act - possible provisions for churches
The CARES Act, the $2 trillion package passed by Congress on Friday that provides much needed economic relief, has provisions that impact churches.
While guidelines are still being developed by the Small Business Association (SBA) and the Treasury, it appears that it may be possible that some parishes could benefit. Many have found the information available here from Horizons Stewardship to be useful as they consider whether this legislation might benefit their parishes.
Also, the Small Business Association and the U.S. Chamber of Congress are helpful sources once additional guidelines have been developed. The Chamber of Congress made available yesterday a helpful Guide for Small Businesses and Nonprofits on the CARES Act. As more resources become available we will share them with you.
Shared from and with thanks to Virginia Theological Seminary Office of Alumni and Church Relations.
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Episcopal Diocese of Southern Virginia
11827 Canon Blvd., Suite 101, Newport News, VA 23606
757-423-8287 800-582-8292
www.diosova.org
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