City Of Golden Valley Receives Coronavirus Relief Funds

Press release from the City of Golden Valley:

July 14, 2020

The City of Golden Valley received $1,625,843 to cover eligible COVID-19 expenses, but not for loss of revenues.

The Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law March 25, 2020 and provides more than $2 trillion in economic assistance to protect Americans from the public health and economic impacts of COVID-19.

The CARES Act’s $150 billion Coronavirus Relief Fund provides payments to State, Local, and Tribal governments. On June 25, it was announced that $841.4 million from Minnesota’s share of CARES Act funds would be distributed to local governments that have eligible costs related to the COVID-19 pandemic.

The City will review its expenses from March 1–Nov 15 and submit eligible costs for reimbursement. Any funds not used must be returned.

For updates, visit the COVID-19 page on the City website.

This press release was produced by the City of Golden Valley. The views expressed here are the author’s own.