Due to the extended period of the government shutdown, nonprofit and social service organizations in need of emergency bridge loans are eligible for up to $50,000 in low-interest capital from PeopleFund. The loans are designed to help nonprofits with government subsidies that rely on federal funding to provide vital community services.
Organizations will need to provide proof of federal contract (NOFA or reimbursement agreement), financial statements, recent 990s and other documentation.
The shutdown emergency loans will be available to organizations in need for 30 days following the reopening of the government.
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