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PRAC Releases Updated Coronavirus Relief Fund Dataset for March 1, 2020 – June 30, 2022
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC) announced the public release of updated Coronavirus Relief Fund (CRF) spending by states, eligible local governments, Tribal governments, the District of Columbia, and U.S. Territories.
PRAC Posts State and Local Pandemic Spending Data, Shedding More Light on How CARES Act and American Rescue Plan Act Money Was Spent
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC) announced the public release of updated Coronavirus Relief Fund (CRF) spending by states, eligible local governments, Tribal governments, the District of Columbia, and U.S. Territories.
PPP loan forgiveness: How do the top lenders compare?
Loans are forgivable (they don’t need to be repaid) if a borrower meets certain requirements, such as using at least 60% of the loan for payroll costs. Given the average PPP loan amount is $59,000, forgiveness can be financially significant to a borrower.
What kind of pandemic relief did the Super Bowl’s host city get?
Inglewood, California, hosts the big game on Sunday. Businesses, schools, and other recipients in the city got at least $450 million in pandemic relief. Here’s a quick read on where some of it went.
See how recipients are spending $150 billion from the coronavirus relief fund.
States, eligible local governments, Tribal governments, the District of Columbia and U.S. Territories who received funding from the $150 billion Coronavirus Relief Fund (CRF) must report on how they are spending the money.
PRAC Releases Cumulative Coronavirus Relief Fund Data for March 1, 2020 – September 30, 2021
Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC) announced the public release of updated Coronavirus Relief Fund (CRF) spending by states, eligible local governments, Tribal governments, the District of Columbia, and U.S. Territories.
State and local governments spent $150B. Then got $350B more. Follow the money.
The $350 billion Coronavirus State and Local Fiscal Recovery Fund (SLFRF) included in the American Rescue Plan provides direct payments to eligible state, local, territory, and Tribal governments for local pandemic response efforts. These payments are in addition to the $150 billion distributed in March 2020 from the CARES Act.
Who are prime recipients and sub-recipients?
In short, prime recipients receive money directly from the federal government. The prime recipients may then pay some of the money they received to other entities for goods or services. These entities are sub-recipients.