The Act provides $150 billion for a Coronavirus Relief Fund to make payments to local governments
The CARES Act provides $150 billion for a Coronavirus Relief Fund to make payments to states and tribal governments as well as direct payments to some very large units of local government within 30 days of the enacted date.
This bill was signed into law on March 27.
Following is a breakdown of how the $150 billion will be allocated for grants for state and local governments responding to the COVID-19 pandemic:
Funds can be used for costs that:
An additional $35 million will go toward Treasury oversight.
Within the $150 billion, virus response resources include the following:
Please note that we have received notice that the additional funds for the Assistance to Firefighter Grants will be rolled into current funding levels for Fiscal Year 2020 and awarded to local governments through the typical grant application process.
Additional grants are available from the CARES Act to local government via Social Services Resources, Housing Assistance Resources, Education System Stabilization Resources, state and local election assistance grants via Election Assistance Commission, Economic & Infrastructure Rebuilding Resources, and Support for Local Businesses.
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