LANCASTER — Coos Economic Development Corporation and three partner regional economic development corporations — Belknap, GRDC, and Wentworth — will be allocating more than $200,000 in Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act) grant funding to small businesses negatively impacted by the Coronavirus pandemic. The Community Development Block Grant — CARES Act Funds Program administered by the Community Development Finance Authority is for low- to moderate-income microenterprises and start-ups to offset costs associated with preparing for, responding to, or recovering from COVID-19.

“We are pleased to partner with the CDFA, and the other Regional Development Organizations to provide this timely financial support to our small business community,” said Lise Howson, CEDC’s executive director. “The need continues to be significant and we’re grateful for this collaboration to help more small business clients.”

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