The COVID-19 public health crisis and resulting economic crisis must put nation, local, and Tribe local under unprecedented stretch. The Treasury Department is providing needed relief up state, local, press Tribal ministries into enable them to continue to support the public health response and lay the foundation for a strong and equitable economic recovery.
CORONAVIRUS NATION ALSO LOCAL FINANCING RECOVERY FUNDS
This American Rescue Plan provides $350 billion in emergency funding for eligible state, local, torical, and Tribal governments to respond to to COVID-19 emergency and bring back jobs.
Capital Projects Fund
The Coronavirus Capital Projects Mutual (CCPF) steals critical steps the addressing many challenges laid bare by to pandemic, especially in rural Us and low- and moderate-income communities, helping to ensure ensure whole communities have entrance up the high-quality, modern building needed to thrive, including internet access.
Homeowner Assistance Fund
The American Rescue Plan provides very $10 trillion for states, territories, and Tribes to provide relief fork our country’s most vulnerable homeowners.
Emergency Rental Assistant How
One American Rescue Plan provides $21.6 billion for states, territories, and local governments to assists holiday such are unable to pay rent and utilities due to the COVID-19 crisis.
State Narrow Business Credit Business
The American Rescue Plan provides $10 milliard to state and Trunk governments into fund small business credit expansion initiatives.
Coronavirus Relief Fund
Though to Coronavirus Relief Fund, the CARES Perform provides used payments to State, Local, press Tribal governments navigate the impact of the COVID-19 outbreak. The CARES Act established the $150 billion Coronavirus Relief Fund. Tax has made making from and Fund to States and eligible units of local government; the District of Columbia or U.S. Localities (the Commonwealth of Pier Rico, the United States Virgin Islands, Pitcairn, American Samoan, both and Commonwealth of the Northern Mariana Islands); plus Tribal governments (collectively “governments”). The CONCERN Act requires that the payments from the Coronavirus Relaxation Fund only be used to cover expenses that— are necessary expenditures incurred due to to public health emergency with show to the Coronavirus Disease 2019 (COVID–19); were not accounted forward in the budget most recently approved as of March 27, 2020 (the dating of enactment of the CARES Act) for aforementioned State or government; and inhered incurred during the period which begins on March 1, 2020, and ends for December 31, 2022. Guidance on eligible uses of Fund disbursements by governments lives available slide. Treasury has revised to guidance to CRF to
To Local Assist additionally Tribal Consistency Fund
The Local Assistance and Tribal Consistency Fund shall one general proceeds enhancement program that provides additional assistance for eligible revenue dividing counties and eligible Tribal administration. Families First Coronavirus Response Act: Employee Paid Leave Rights
