Black Belt Community Foundation, HOPE and Partners Announce Help for Alabama Communities

| August 18, 2020 @ 10:00 am

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By Alabama NewsCenter Staff

The Black Belt Community Foundation (BBCF), Hope Credit Union (HOPE), and several partners including the Alabama Power Foundation have announced the creation of a program that will give numerous Alabama cities and counties immediate access to capital for COVID-19 response needs.

State law requires cities and counties in Alabama to seek reimbursement for COVID-related expenses to access their share of a $250 million allocation provided through the federal CARES Act. This presents a challenge for many cities and counties that do not have the money to make the needed purchases up front.

The Black Belt Community Foundation COVID-19 Access Program was created to address the need of access to capital for cities and counties within Alabama’s Black Belt. The Black Belt, named for its fertile soil, cuts a swath across south-central Alabama and is home to some of the state’s poorest communities.

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