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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.

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.

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.

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.

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.

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.

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.

Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee announced the public release of updated Coronavirus Relief Fund (CRF) spending.

Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC) announced the public release of an updated dataset of Coronavirus Relief Fund (CRF) spending by states, eligible local governments, Tribal governments, the District of Columbia, and the U.S. Territories.