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.
Policy Update—
Treasury’s CDFI Fund Opens Funding Round for Rapid Response Program
Treasury’s CDFI Fund Opens Funding Round for Rapid Response Program
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).
Complete list of CRF payments made to state and local governments.
Other U.S. Treasury Resources
Federal Reserve
Partner Resources
General
Government Finance Officers Association (GFOA)
National Governors Association (NGA)
National Conference of State Legislatures (NCSL)
State Legislative Fiscal Responses Tracker (NCSL)
Council of State Governments (CSG)
State Executive Orders Tracker (CSG)
Local Governments
National League of Cities (NLC)
National Association of Counties (NACo)