Blog Posts > CARES Stipulations make Spending Funds Difficult
August 26, 2022

CARES Stipulations make Spending Funds Difficult

Beckley Register-Herald – Last year, when funding from the CARES Act started flowing in to local and state governments across the country, many were hopeful about all the good that money could do in the wake of the devastating effects of the coronavirus pandemic.

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However, organizations in Beckley found that multiple strings were attached the funding that required them to jump through some hoops, making the funds far easier to receive than they were to spend.

As a result, just over half of the $300,000 in federal CARES Act funds the city distributed to local nonprofits last year was unspent as of the end of July and had to be reallocated or risk being recouped by the federal government.

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