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Senate Dems Pitch $50B Grant Program For Nonprofit Hiring, Law360

May 15, 2020

Morgan Lewis partner Alexander Reid spoke with Law360 about recent US legislation that proposes a $50 billion jobs grant program for charitable nonprofits. In the article, Alex discusses the difference between this program and the Paycheck Protection Program. "Just as prior banking relationships mattered under the PPP, political relationships will matter under the Work Now Act," Alex said. "The administrators of the Work Now Act will also confront issues such as whether and [to] what extent religious organizations should be eligible, whether organizations with endowments should be required to use those funds first and whether controversial or politically unpopular organizations should receive funding."

Read the full Law360 article >>