MONTGOMERY, Ala. — Gov. Kay Ivey has awarded $10 million in CARES Act funding to the Alabama Forestry Commission Timber Owners program.
The funds will help assist Alabama timber owners that have been impacted by COVID-19.
“The forestry industry has an economic impact of over $23 billion in the state of Alabama and provides over 40,000 jobs in some of the most rural parts of our state,” Gov. Ivey said. “CARES Act funds are intended to stabilize our economic losses and help our state recover from COVID-19. This program is designed to reduce the burden of Alabama’s 23 million acres of timberland and the subsequent jobs that depend on a healthy timber industry.”
The program will issue grants of up to $10,00 on a first-come-first-served basis.
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