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Denison announces financial assistance for residents through CARES Act

(KXII)
Published: Jun. 26, 2020 at 6:47 PM CDT|Updated: Jul. 8, 2020 at 4:48 PM CDT
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DENISON, Texas (KXII) - The City of Denison announced it will make CARES Act funds available to residents who have been impacted financially by the COVID-19 pandemic.

The city council approved the use of CARES Act funds to be distributed to community non-profit organizations and churches. The funds are available for residents facing economic hardships and can be used for housing-related expenses. Financial assistance cannot be used for property taxes except to prevent foreclosure.

“This is a unique opportunity for the City to partner with our local churches and non-profit organizations to assist Denison residents,” said Mayor Janet Gott. “There are many local organizations with existing programs in place which we can utilize rather than create a whole new program.”

Initially, the city will distribute $50,000 in funding. The resolution approved by the city council provides for up to $150,000 in assistance through December 30, 2020.

Funds will be distributed to non-profit organizations including the Salvation Army, Lakeway Christian Resale Barn and local church outreach programs to help residents who are suffering a loss of income or unemployment.

The city says residents facing economic hardship may contact 2-1-1 for a referral to these organizations with funding.

The requirements for eligibility are as follows:

1. Must be a citizen of Denison, Texas (proof of residency required).

2. Must provide proof of loss of income or unemployment due to COVID-19.

3. At risk of possible foreclosure or eviction (if applicable).

More information can be found on the city’s website.

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