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As pandemic legislation was passed, starting with the CARES Act in March 2020, the Office of Management and Budget (OMB) assigned a code to identify each of the six laws. These codes, known as Disaster Emergency Fund Codes (DEFC), are used to track the spending funded under each legislation. Many of the codes were further refined through the description of the code, as "Emergency" or "Non-emergency."

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. It distributed $2.1 trillion to individuals, businesses, schools, and state and local governments to respond to the effects of the pandemic.

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.

The PRAC’s Data Sharing Working Group recently collaborated with subject matter experts from government agencies in the United States, the United Kingdom, and Australia to share the data tools and techniques they use to help protect pandemic relief dollars.

Today, 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 U.S. Territories.

Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), announced the release of the PRAC’s Semiannual Report to Congress. The report covers the period from October 1, 2020 through March 31, 2021.

The Inspectors General (IG) community is committed to holding those who defraud the American public accountable. Offices of Inspectors General (OIGs) and their investigators have been central in bringing charges against 250 of the 474 who allegedly defrauded the Paycheck Protection Program, Economic Injury Disaster Loan Program, and Unemployment Insurance.

The PRAC’s Financial Sector Oversight working group released a new video of a stakeholder listening forum entitled, “Pandemic Response: Perspectives from Borrowers.”

The PRAC’s Financial Sector Oversight working group released a new video of a stakeholder listening forum entitled, “Pandemic Response: Perspectives from the Banking Industry.”