From Preservation Action:
Last week, Congress passed and the President signed a $2.2 trillion coronavirus economic relief package, titled the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This was the third in a series of emergency relief bills in response to COVID19. The bill includes several provisions that could impact the important work of the preservation community.
Museums and the Arts
- $75 million in grants for the National Endowment for the Humanities (NEH). $45 million of that is for at-risk positions and projects at museums, libraries and archives, historic sites, colleges and universities, and other cultural nonprofits financially impacted by the coronavirus.
- $75 million in grants for the National Endowment for the Arts (NEA)
- $50 million in grants for the Museum and Library Services
- Additional information
Emergency Small Business Loans
- Small businesses and Non-profit 501(c)3 organizations could be eligible for up to $10 million in Paycheck Protection Program loans.
- Covers 8 weeks of average payroll and associated costs.
- Loans can be forgiven if certain conditions are met.
- Additional information
- The bill strengthens incentives for charitable giving, boosting the non-profit sector.
- Allows taxpayers who do not itemize their taxes, to still deduct up to $300 in charitable contributions.
- Increases the annual charitable contribution cap from 60% of your adjusted gross income to 100% of your adjusted gross income for itemizers
The National Conference of State Historic Preservation Officers is tracking the operating status of all State Historic Preservation Offices during the COVID-19 pandemic. While most offices are working remotely, project reviews are still continuing. Learn more
. Information on the operations of Tribal Historic Preservation Officers can be found here.
The National Trust for Historic Preservation recently held a webinar, titled Federal Policy Response to the Coronavirus and Implications for Preservation Field
. They also continue to gather several resources to assist the preservation community.
The National Council of Nonprofits has several additional resources to assist the nonprofit community during this difficult time. Learn more
Beyond the CARES Act, we expect Congress to consider additional legislative measures aimed at alleviating the impact of the coronavirus. House Democrats and the President have expressed support for taking up infrastructure legislation. This presents the preservation community with potential opportunities to seek additional funding for historic preservation programs, but we also need to be wary of any potential attempts to undermine historic preservation protections. Your continued advocacy is critical to make sure the historic preservation community is part of the conversation.Preservation advocates need to continue to make the case that historic rehabilitation creates jobs and helps to stimulate the economy. Preservation Action will continue to monitor these efforts and engage our grassroots membership to take action. Stay tuned for more.
Unless noted, the thoughts and opinions expressed in the article are solely that of the
author and not necessarily the opinion of the editors of PreservationDirectory.com.