Just as Covid-19 came out of the blue, the local authorities of Virginia kindly began offering financial support.
The Covid-19 pandemic has put millions of jobs and workers at risk, especially those attributed to or are working in small businesses. Single mothers who are entrepreneurs and have employees face struggles in maintaining their operations while saving their business and jobs.
Fortunately, the state of Virginia has available resources to help single mothers maintain their jobs and survive the pandemic.
Financial Support for Single Moms In Virginia during COVID-19
Northern Virginia Family Services Covid-19 Emergency Assistance
First off on our list is The Northern Virginia family service. This program is committed to helping single moms in Virginia get through the Covid-19 pandemic. They run the Virginia Rent and Mortgage Relief program to support single moms residing in the following areas: Prince William County, Fairfax, and Loudoun.
To find out more about the program, head on over to their website. They also run an emergency lending program called Pay it Forward, which offers loans to single moms at affordable interest rates. The program also provides favorable loan repayment terms for those residing in Loudoun County residents.
Family Crisis Fund
Single mothers who have experienced job loss due to the pandemic can benefit from The Family Crisis Fund launched by the Robins Foundation in partnership with the city of Richmond. Activities in this program have motivated so many peer funders and even individual donors to support single mothers in this time of need.
Through such donations, many single mothers who are struggling in taking care of their families can finally get the support they need. Finally, find out more about the program here.
The Holli Fund
Another program is the Holli Fund. This program offers support to single mothers experiencing an economic crisis because they have lost their jobs or income due to illness or due to the federal and/or state restrictions from Covid-19. Single mothers working in the foodservice industry can apply for up to three months of assistance, but to be eligible for the grant, you must be a worker in the foodservice industry.
However, applications for the Holli Fund are evaluated on a first-come, first-serve basis. Once you apply, they will need to verify your employment records. After that, they will also review your financial documents. When applying, make sure that your name is on the invoice.
Learn more about the Holli Fund by visiting their site.
The Non-Profit Virginia 30-Day Fund
Technology entrepreneur Pete Snyder, along with his wife, Burson Taylor Snyder, established this fund to help save the jobs of many single moms living in Virginia due to the impact of Covid-19 on small businesses and threatened thousands of jobs.
Even though small businesses are reopening their premises, the state of Virginia has new regulations and a lack of adequate resources. The funds distributed to single mothers through this program don’t have to be repaid. However, if one still wishes to pay the fund forward to support some businesses needing help, they can send the money back to the fund.
Visit the VA 30 Day Fund website to know more about the fund and how you can apply.
However, not all businesses can qualify for the 30 Day Fund.
Listed below are the qualifications a company or business must pass:
- Employ at least three (3) people and utmost 30 employees.
- Be situated in Virginia or have been in business in Virginia for at least one year.
- Owned by single mothers residing in Virginia