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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.

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.

Pandemic Response Programs for Internet Access

We co-hosted a virtual roundtable discussion with the National Academy of Public Administration. A panel of experts examined the effectiveness of pandemic relief programs in broadband assistance, and how local governments used pandemic funding to address broadband challenges. Learn more and view the video for this event.