Boston Mayor Marty Walsh announced on Monday that the city has created a fund designed to help Boston residents most impacted by the spread of coronavirus, as businesses, schools and community gathering places continue to close down.

The Boston Resiliency Fund is a collaboration between the city and several major institutions, Walsh said. Money raised through the fund would go directly to local non-profit organizations that help Boston families in need.

“We’ve been seeing incredible acts of kindness and generosity and the Boston Resiliency Fund is a perfect example of that,” Walsh said, in a statement. “Through this fund, we are coordinating Boston’s philanthropic efforts to support families that are facing the greatest need right now.”

The fund is backed by numerous private and philanthropic entities, including the Vertex Foundation, Partners HealthCare, Jack Connors, Liberty Mutual, the Gross Family Foundation, Bain Capital, John Hancock, John & Cyndy Fish, Mass Mutual and the Shah Family Foundation.

News of the fund comes as Boston Public Schools are set to close on Tuesday for one month amid the continued spread of coronavirus. Walsh also announced the closure of the city’s library system, and the suspension of all Boston Centers for Youth & Families programming.

City officials are also halting all construction activity in Boston beginning on Tuesday, Walsh said.

“These decisions that we make are not easy,” Walsh said, “but they’re out of an abundance of caution. It’s about protecting the worker and preventing the spread of the coronavirus.”

There are currently 36 cases of COVID-19 in Suffolk County, and 197 cases statewide, according to the state’s Department of Public Health.

On Sunday, Gov. Charlie Baker announced new measures to combat the virus, including prohibiting all gatherings of more than 25 people, as well food and beverage service inside restaurants.

To donate to the fund, you can do so here.

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