Businesses and nonprofits hoping to mitigate the financial hit from the coronavirus pandemic got disappointing news last week — the $290 million Alaska CARES grant program has been “oversubscribed.” Meaning, the amount of grant requests still waiting review is greater than the amount of money left in the program.
But that doesn’t mean grants won’t still be funded. Tim Dillon is the executive director of the Kenai Peninsula Economic Development District. That’s the agency tasked with helping folks through the grant process in the borough. He says there’s still hope for Kenai Peninsula applicants.
For help with Alaska Cares application, contact KPEDD at 283-3335.