Beyoncé has announced that her BeyGOOD charity will award $5,000 grants to dozens of families facing foreclosure and eviction due to the financial crisis triggered by the coronavirus pandemic.
A housing moratorium is set to end on December 26, resulting in mortgage foreclosures and rental evictions. Many families are impacted due to the pandemic that resulted in job loss, sickness and overall economy downturn.
“This holiday season, while many are stressed with what they will do next regarding their housing, we are proud to share some GOOD news.
Beyoncé is giving $5k grants to individuals and families facing foreclosures or evictions,” the foundation said in a statement.
Those who wish to receive a grant have been advised to send all necessary documentation to the NAACP. The online Application process opens on January 7. Grants will be disbursed to 100 recipients in late January. A second round will open in February.
Meanwhile, Beyoncé revealed that the December recipients of the Small Business Impact Fund will be announced next week.
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