Sen. Loeffler Announces Georgia Has Received $5.8B to Fight Coronavirus, Recover Economically

Staff Report From Georgia CEO

Monday, May 18th, 2020

U.S. Senator Kelly Loeffler (R-Ga.) announced that the state of Georgia and local Georgia governments have received more than $5.8 billion in federal funding to fight the coronavirus and recover from its economic fallout. The funding is provided by the Families First Coronavirus Response Act and the Coronavirus Aid, Recovery and Economic Stability (CARES) Act, both of which Loeffler supported.

“The Senate passed the CARES Act 50 days ago, sending $2 trillion to families, small business owners, and state and local governments,” said Loeffler. “So far, Georgia and our local communities have received $5.8 billion to combat the multiple challenges posed by the coronavirus. This will help schools adjust to online learning, provide assistance for those who lost their jobs or homes, keep our airports running and help our communities fight the virus. As the rest of the funding from the CARES Act reaches Americans, I will continue to monitor what additional action is needed to help Georgia recover from this pandemic.”

Georgia and local governments have received $5.8 billion to fight the coronavirus, recover economically: 

$4.1 billion in direct assistance to the state of Georgia

$32 million for administering expanded unemployment benefits

$457.2 million for K-12 education

$105.4 million for K-12 and higher education

$522.2 million in infrastructure grants for urban and rural communities

$410.8 million in economic relief for airports

$50.5 million in Community Development Block Grants for Georgia and local governments

$25.4 million for homeless assistance grants

$144.4 million for Child Care Development Block Grants

Source: House Budget Committee

The $5.8 billion for our state and local governments is in addition to the billions that Georgians are receiving in stimulus checks and that Georgia businesses are receiving in Paycheck Protection Program loans and other relief loans.