The CARES Act includes funding for specific departments and agencies as described below. Details on the disbursement of these funds are not yet available but check back here for more information. We expect these programs to run applications through grants.gov.
- $20.5 million for the USDA Rural Business Cooperative Service – provides $1 billion in lending authority available for the Business and Industry loan guarantee program, which provides financing to business owners that might not be able to qualify for a loan on their own;
- $1.5 billion for the Economic Development Administration – funding to support economic development grants for states and communities suffering economic injury as a result of COVID-19;
- $31.1 billion for the Department of Transportation (DOT) – funding included for the Federal Aviation Administration, Airport Improvement Program, Essential Air Service, Federal Highway Administration, Federal Transit Administration Transit Infrastructure Grants, and Amtrak;
- $4.3 billion for the Centers for Disease Control (CDC) – funding for public health preparedness and response which includes direct funding to state and local public health responders as well as State and Local Preparedness Grants;
- $45 billion for the Federal Emergency Management Administration (FEMA) – funding to continue FEMA’s entire suite of response and recovery activities and reimbursements provided to states and localities nationwide by the Disaster Relief Fund.
Additional information will be circulated once it become available.
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