CORAL SPRINGS, FL – Last month, Coral Springs launched a fundraiser to provide temporary financial assistance to business owners and residents hurting from the economic fallout of the coronavirus (COVID-19).
The goal of the “Give Where You Live” campaign is for local business owners and residents to contribute at least $150,000 and use the money to assist other business owners and residents in need of help in paying for housing, utilities, medicine, public transportation, and other pressing expenses.
So far, the effort -- set up through a fund with the nonprofit Coral Springs Community Chest -- hasn’t raised the money needed to begin accepting applications from those in need, Coral Springs City Manager Frank Babinec said.
“Right now, we have not raised a tremendous amount of funds, so, unfortunately, the application process is not open yet,” Babinec told City Commissioners last week.
Exactly how much money the campaign has raised so far could not be determined.
Once the money is available, business owners and residents will need to document their needs by filling out online applications and going through virtual interviews, city officials said.
If approved for funding, organizers from the Coral Springs Community Chest will pay business owners’ and residents’ expenses directly through their lenders, landlords, utilities, hospitals, pharmacies, and other places. They may also buy those in need gift cards to cover other expenses.
To contribute to the campaign, click here.
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