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The City of North Bend allocated $183,600 to small businesses and community organizations in need of emergency funding through the City of North Bend COVID-19 Rapid Relief Program (CARES Act). The federal grant program is intended to help offset operating costs, rent and other allowable expenses related to the COVID-19 pandemic.
North Bend was awarded $208,000 from the CARES fund and an additional $10,600 from King County and King County Councilmember Kathy Lambert. On June 2nd, North Bend City Council accepted the funds as part of the federal CARES Act with a unanimous 7-0 vote.
Per the CARES Act, government agencies have the option to use the entire grant for reimbursable costs it has already incurred in response to COVID-19 public health recovery expenses. The City chose to allocate $183,600 of its CARES Act funding to support local businesses and organizations.
“Our local businesses and organizations have suffered extreme financial hardships over the past several months and are struggling to stay afloat. The success of our economy is largely dependent upon their success,” Mayor Rob McFarland said. “It is the City’s intention to offer any assistance we can during these challenging times.”
North Bend received 54 applications for the grant funds, of which 50 met specific requirements detailed in the program. The City is finalizing contracts so the federal dollars can be released in the next two weeks.