COVID-19 Funding & Financing Resources

Capital Link is committed to helping ensure that health centers are equipped to financially weather the impacts of this pandemic. Below is a collection of COVID-19 funding sources and financing-related resources and tools. We will continue to update this page as we obtain new information. 

If you have questions, please contact Jonathan Chapman, Chief Project Officer, at This email address is being protected from spambots. You need JavaScript enabled to view it.


The Impact of COVID-19 on Health Center Revenue and Jobs: A 50-State Analysis

View a state-by-state estimate of health center revenue and job loss as a result of the COVID-19 pandemic. The analysis estimates the impact of a 50% decline in patient visits over a three-month period from April through June 2020, based on audited financial data HRSA Uniform Data System data, and economic impact multipliers.

Cashflow and Payroll Options for Health Centers During the COVID-19 Crisis

NACHC has prepared a document summarizing new Federal programs to assist health centers, PCAs, and HCCNs address cashflow and payroll concerns created by the COVID-19 pandemic. The document discusses Small Business Administration Loans, Emergency Leave, Paycheck Protection Loans, and Pandemic Unemployment Insurance, as well as other programs that might be beneficial to health centers with over 500 employees.  This will be an evolving document, and will be updated with new information as it becomes available. VIEW DOCUMENT > 

NACHC Financial Impact Fact Sheet for Health Centers 

NACHC has created a fact sheet, utilizing Capital Link data, detailing the negative impact COVID-19 will have on health centers’ visits, revenue, and employment over six months and how Congress can help reduce the financial loss.  VIEW FACT SHEET >

Funds for Coronavirus Relief by Location

Sources of Funding


Cornonavirus Aid, Relief, and Economic Security Act (CARES Act)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (S. 748) provides $2 trillion for businesses, hospitals, schools, and social support programs, among many other things. LEARN MORE >

Funding opportunities for health centers under the CARES Act include:

Small Business Administration Paycheck Protection Program

As a part of the CARES Act, the Small Business Administration's (SBA's) Paycheck Protection Program is a loan option for nonprofits with $350 billion to help prevent workers from losing their jobs and small businesses from going under due to economic losses caused by the COVID-19 pandemic. LEARN MORE >  This information is based on the most recent guidance from the SBA. As more updates are announced, we will continue to post them here.

    • The Paycheck Protection Program provides eight weeks of cash-flow assistance through 100 percent federally guaranteed loans to employers with fewer than 500 employees who maintain their payroll during this emergency. Program offers forgivable loans to cover payroll and other eligible costs, up to $10 million, and is retroactive to February 15, 2020, to help bring workers who may have already been laid off back onto payrolls. Funds are limited so act now. Applications are accepted on a first-come, first-served basis beginning Friday, April 3rd. Applications must be submitted to an eligible 7a lender. Contact your local lender to determine application submittal process. Please note: At this time, your bank may not be accepting applications for the Paycheck Protection Program until they receive clearer guidance from the SBA.    LEARN MORE >    FIND A LENDER >   DOWNLOAD APPLICATION >   

    • To access a Stimulus Loan Calculator for use as a template for gathering the necessary application information CLICK HERE >   We have updated this calculator to clarify areas of interpretation based on CPA guidance. While we believe it is accurate, based on our knowledge as of April 7th, please check back for any further updates as SBA continues to issue clarifications.


The CARES Act Economic Stabilization Fund

$500 billion has been designated to be used to retain employees and restore the compensation and benefit levels. Mid-sized nonprofits and businesses that have between 500 and 10,000 employees are expressly eligible for loans under this provision. Although there is no loan forgiveness provision in this section, the mid-size business loans would be charged an interest rate of no higher than two percent and would not accrue interest or require repayments for the first six months. Nonprofits accepting the mid-size business loans must retain at least 90 percent of their staff at full compensation and benefits untill September 30.  LEARN MORE >

Small Business Administration Loans

Health centers experiencing substantial economic distress as a result of COVID-19 can apply for the U.S. Small Business Administration’s (SBA’s) Low-Interest, Federal Economic Injury Disaster Loans.   LEARN MORE >

    • SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance.

    • Loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.

    • The interest rate for non-profits is 2.75% and repayment terms are flexible up to 30 years.

Health Provisions of CARES Act

The CARES act pumps new resources into our public health, education and emergency preparedness infrastructure. LEARN MORE >

    • Funds community health centers through November 30, 2020
    • Reauthorizes key rural grant programs to strengthen rural community health

U.S. Department of Health and Human Services Funding Resources

$80 million in funding has been allocated to tribes, tribal organizations, and Urban Indian Organizations for resources in support of our nation’s response to the 2019 novel coronavirus (COVID-19). LEARN MORE >  

As part of this upcoming funding action, CDC will:

  • Supplement an existing CDC Cooperative Agreement to get resources quickly to nine regionally designated tribal organizations, including resources for sub-awards to tribes with the greatest burden and needs in their region and other direct funds to a number of large tribes.

  • Supplement existing funding to the National Council of Urban Indian Health, which will make sub-awards to 41 urban Indian health centers.

  • Supplement existing funding to the National Indian Health Board for COVID-19 communication activities.

Families First Coronavirus Response Act

The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19.[1] The Department of Labor’s (Department) Wage and Hour Division (WHD) administers and enforces the new law’s paid leave requirements. These provisions will apply from the effective date through December 31, 2020.   LEARN MORE >

  • Paid leave: Up to 80 hours of paid sick leave to $511/day. For caregiver leave, 80 hours to $200/day.

  • Family leave: 10 weeks at $200/day max. To care for a child whose school or care provider is unavailable.

National Banks

JPMorgan Chase Grants

The firm will provide $2 million to existing nonprofit partners who are facing new challenges supporting vulnerable populations in response to COVID-19. The funds will go towards helping these partners maintain operational capacity as they adjust their programming and provide resources to support their remote working capabilities, resiliency planning, fundraising, and communications.   LEARN MORE >

Bank of America Funding

Bank of America is committing $100 million to support local communities in need as the world faces unprecedented challenges from the coronavirus. The funds will help increase medical response capacity, address food insecurity, increase access to learning as a result of school closures, and provide support to the world’s most vulnerable populations. LEARN MORE >


The Boston Resiliency Fund

The Boston Resiliency Fund is the City of Boston’s effort to help coordinate fundraising and philanthropic efforts to provide essential services to Boston residents whose health and well-being are most immediately impacted by the coronavirus pandemic. We also working to help first responders and critical care providers.  LEARN MORE >

The emerging priorities of the Boston Resiliency Fund are to:

  • Provide food to Boston's children and seniors
  • Technology to Boston Public Schools students for remote learning, and
  • Provide support to first responders and healthcare workers so they can effectively do their job. 

Community Development Financial Institution (CDFI)

Grow with Google Small Business Fund

The Fund will provide to CDFIs low-cost, fixed-rate loans of up to 10-year money with interest deferred in year one. This Fund is reserved for OFN member CDFIs serving for-profit and nonprofit businesses. The Fund has not yet opened for applications. Check back soon for more information.  LEARN MORE >


Rhode Island Foundation Grants

COVID-19 Response Fund Grants are available to Rhode Island nonprofit organizations at the forefront of COVID-19 response.  LEARN MORE >

Grants will be awarded to:

  • Support nonprofit organizations providing direct assistance to Rhode Islanders with financial need or demonstrable hardship resulting from COVID-19.
  • Provide operating support to nonprofit organizations that are meeting community needs resulting from COVID-19, and are in financial distress.

New York Community Trust Loans

The Trust is providing no-interest loans to New York City nonprofit organizations working in the human services, with particular interest in those supporting essential healthcare, food delivery, homeless services, workforce development, educational support, and early childhood education, and arts and culture. LEARN MORE >

  • Loans will range from $100,000 to $3 million
  • Funds can be used for a variety of purposes, including covering delays in government payments for services delivered, postponed fundraising events, and increased expenses to deliver services which will be reimbursed in the future.
  • Loans will be unsecured and have terms of either 12, 24, or 36 months. Full repayment is expected. Financial and cash flow planning coaching will also be available to organizations that receive these loans. 

The Boston Foundation Grants

The COVID-19 Response Fund will award one-time operating grants on a rolling basis to non-profits whose operations in support of seniors, children, immigrants, workers, and other vulnerable populations have been stressed by the outbreak.  LEARN MORE >

  • Loans up to $25,000 available


Otto Bremer Trust Emergency Fund 

In response to COVID-19, the Otto Bremer Trust (OBT) has established a $50 million emergency fund through its Community Benefit Financial Company (CBFC) subsidiary to provide financial support to Minnesota, Wisconsin, North Dakota, and Montana nonprofits and other community organizations impacted by and responding to the pandemic.  LEARN MORE >

The fund will provide resources in the form of short-term loans, lines of credit, and emergency grants.


The Pittsburgh Foundation Emergency Action Fund

Foundations and other philanthropic institutions dedicated to improving quality of life across southwestern Pennsylvania have come together with unprecedented speed, to provide $4 million to create an Emergency Action Fund and as much as $6 million in aligned, coordinated efforts to lessen the damaging effects of the COVID-19 virus on residents, especially the most vulnerable.  LEARN MORE >


The Greater Cleveland COVID-19 Rapid Response Fund 

The Greater Cleveland COVID-19 Rapid Response Fund is designed to complement the work of public health officials and expand local capacity to address all aspects of the outbreak as efficiently as possible. The Rapid Response Fund will provide grant awards on a rolling basis to nonprofit organizations in Cuyahoga, Lake and Geauga counties.  LEARN MORE >

  • Providing support of $5.37 million



Minnesota Department of Health Grants

A $150 million as part of the Response Fund will be granted through a Request for Proposal (RFP) process. Instructions will be available at a later date. LEARN MORE >


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