Yelena Dzhanova@YELENADZHANOVA
Several leading Senate Democrats introduced a bill Friday to provide grants to nonprofits to bolster hiring efforts as their resources dwindle amid the ongoingcoronavirus pandemic.
A group featuring senators Amy Klobuchar of Minnesota, Brian Schatz of Hawaii, Ron Wyden of Oregon and Sherrod Brown of Ohio,all introduced the bill. The proposed legislation is designed to equip nonprofits with a strong workforce that can continue to provide essential services to vulnerable Americans.
The bill sets up a means for nonprofits to be apply directly for the grants through the Treasury Department, according to a press release from Klobuchar’s office announcing the bill, which is called WORK NOW, or the Work Opportunities and Resources to Keep Nonprofit Organizations Well Act. The hope is the grants will allow nonprofits to retain their workforce or provide jobs for newly unemployed people.
See more: CNBC.COM