Federal Guidance & Resources for Communities & Businesses in Response to COVID-19
Updated January 13, 2021
Economic Development Administration (EDA) CARES Act Recovery Assistance
In March of 2020, the EDA received $1.5 billion in funding to help communities prevent, prepare for and respond to COVID-19. Given the widespread nature of the pandemic, most communities in the 50 states and US territories are eligible for funding. EDA’s coronavirus website has several resources, including an FAQ, a press release on the announcement of funding, and a webinar that details the Act.
And communities can view this Notice of Funding Opportunity (NOFO) at grants.gov.
Coronavirus Response and Relief Supplemental Appropriations Act of 2021
New legislation includes a total of $900 billion in COVID-19 relief funding and a $1.4 trillion government funding package that both work to give critical pandemic aid to American citizens and businesses.
The United States Department of Treasury has included in their policy issues page information on CARES and the CRRSA, which includes a press release from Secretary Steven Munchin on the passage of this new legislation.
Small Business Administration (SBA) Funding for Small Businesses - Applications Open Now
As of January 11, 2021, the Paycheck Protection Program has been reopened for new and returning borrowers, and will remain open until March 31, 2021 or until funding is exhausted.