(Washington, D.C., March 23, 2020)-- B’nai B’rith International President Charles O. Kaufman and CEO Daniel S. Mariaschin have issued the following statement:
We commend the Coronavirus Aid, Relief and Economic Security (CARES) Act, the coronavirus aid bill that will shortly be signed into law. The bill provides relief for groups in need, including seniors, who are especially vulnerable to the virus. It also helps small businesses and nonprofits by making zero-interest loans available to them. The CARES Act just passed the House of Representatives, and the president has pledged to sign it immediately.
The act provides funding for Section 202 affordable housing for seniors. As the largest national Jewish sponsor of low-income, nonsectarian housing for seniors in the United States, B’nai B’rith was pleased to see Congress recognize the need to appropriate financial resources for senior housing in response to the COVID-19 crisis. Costs for Section 202 buildings will likely rise because of the pandemic. We are encouraged by the additional money for Section 202 and service coordinators and hope this legislation will appropriately benefit senior housing residents.
We also support the bill’s provisions to help small businesses and nonprofits, including the allocation of $350 million for loans, some of which could be forgiven. Small businesses that maintain payroll will be eligible for assistance to cover essentials like mortgage, utilities or rent.
B’nai B’rith International has advocated for global Jewry and championed the cause of human rights since 1843. B’nai B’rith is recognized as a vital voice in promoting Jewish unity and continuity, a staunch defender of the State of Israel, a tireless advocate on behalf of senior citizens and a leader in disaster relief. With a presence around the world, we are the Global Voice of the Jewish Community. Visit www.bnaibrith.org.