Conn. Nonprofits to Recieve $125 Million in Pandemic Relief Funds
Connecticut Governor Ned Lamont says $125 million in federal CARES Act funding is going out to nonprofits in the state to help them make it until the end of the year.
Lamont says Connecticut wants to get the money out to the nonprofits now because Congress requires that the coronavirus relief money be spent before the end of the year.
“My instinct is Congress flip-flopping around would give us a little more time to expend that prudently," Lamont says, "But right now we are getting all that money out the door, the rest of it by the end of this month.”
Lamont spoke at the Goodwill Store and Donation Center in Bridgeport. Goodwill of Western and Northern Connecticut is one of the non-profits that received the money.
He says the state is in good financial shape even if Congress does not approve a second coronavirus relief package before the end of the year “because we have a $3 billion rainy day fund. So even if Washington can’t get its act together, we are going to be protected so we are not cutting services for those in need."
Connecticut got about $1.4 billion from the CARES Act, which was passed last spring.