The COVID-19 pandemic continues to pose both unprecedented public health and financial challenges for state governments. As state finance officials, debt managers and staff play a pivotal role in navigating states through this crisis. SDMN remains committed to creating and curating resources for state debt professionals through these challenging times. Additional resources for non-debt financial issues can be found at NAST.org/COVID.
Latest Federal Reserve Updates
Federal Aid to States
COVID Relief Funding (CRF)
$150 B in Federal Aid for COVID-Related Expenses
Treasury has released guidance and an FAQ document on the treatment, management and eligible expenses of Section 5001 (CRF) funding. In addition, the Office of the Inspector General has released FAQs relating to the Reporting and Recordkeeping of CRF payments. For additional questions, please visit the U.S. Treasury’s page on Assistance for State and Local Governments ($150B in COVID Relief Funding).
Other U.S. Treasury Resources