Grant Details

Negative Economic Impact

Overview

Coronavirus State and Local Fiscal Recovery Funds allow states to support industries that were particularly
hard-hit by the COVID-19 emergency and are now beginning to mend, helping them to address financial
challenges caused by the pandemic and to make investments in COVID-19 prevention and mitigation
tactics. The Negative Economic Impact grant will aid in speeding the recovery of the tourism, travel,
hospitality sectors, as well as other industries.

Eligibility

Government Organizations:

• State Agencies
• County governments
• City or township governments
• Special district governments

Georgia Professional Associations and Organizations:

• Industry Trade Associations
• Business Organizations
• Trade/Professional/ Non-Profit Organizations

Reporting Requirements Include (but are not limited to):

The following information will be required in Project and Expenditure Reports:

Project Descriptions

Project descriptions must describe the project in sufficient detail to provide understanding of the major
activities that will occur and will be required to be between 50 and 250 words. Projects should be defined
to include only closely related activities directed toward a common purpose.

Expenditures

Recipients will be asked to report:

• Current period obligation
• Cumulative obligation
• Current period expenditure
• Cumulative expenditure

Project Status

Once a project is entered the recipient will be asked to report on project status each reporting period, in
four categories:

• Not Started
• Completed less than 50 percent
• Completed 50 percent or more
• Completed

Negative Economic Impact [Expenditure Category 2]:

Required Performance Indicators and Programmatic data

• Number of workers enrolled in sectoral job training programs
• Number of workers completing sectoral job training programs
• Number of people participating in summer youth employment programs

Small Business Economic Assistance

• Brief description of the structure and objectives of assistance program(s) (e.g., grants for
  additional costs related to Covid-19 mitigation)
• Number of small businesses served (by program if recipient establishes multiple separate small
  businesses assistance programs)
• Brief description of recipient’s approach to ensuring that aid to small businesses responds to a
  negative economic impact of COVID-19, as described in the Interim Final Rule

Aid to Travel, Tourism, and Hospitality or Other Impacted Industries

• If aid is provided to industries other than travel, tourism, and hospitality (EC 2.12), a description
  of pandemic impact on the industry and rationale for providing aid to the industry
• Brief narrative description of how the assistance provided responds to negative economic impacts of the COVID-19 pandemic
• For each subaward:
   ∘ Sector of employer (Note: additional detail, including list of sectors to be provided in a users’guide)
   ∘ Purpose of funds (e.g., payroll support, safety measure implementation)

Project Demographic Distribution

Recognizing the disproportionate impact of the pandemic-related recession on low-income communities,
recipients must report whether certain types of projects are targeted to economically disadvantaged
communities, as defined by HUD’s Qualified Census Tract. Recipients will be asked to identify whether or
not the project is serving an economically disadvantaged community. To minimize the administrative
burden on recipients while ensuring that this important aspect of program performance is tracked,
recipients may assume that the funds for a project count as being targeted towards economically
disadvantaged communities if the project funds are spent on:

• A program or service is provided at a physical location in a Qualified Census Tract (for multi-site
  projects, if a majority of sites are within Qualified Census Tracts);
• A program or service where the primary intended beneficiaries live within a Qualified Census Tract;
• A program or service for which the eligibility criteria are such that the primary intended beneficiaries
  earn less than 60 percent of the median income for the relevant jurisdiction (e.g., State, county,
  metropolitan area, or other jurisdiction); or
• A program or service for which the eligibility criteria are such that over 25 percent of intended
  beneficiaries are below the federal poverty line.

Recipients may use reasonable estimates to determine if a project meets one of these criteria, including
identifying the intended beneficiaries of a program or service in terms of income characteristics,
geographic location, or otherwise estimating the beneficiaries of a program based on its eligibility criteria.
Recipients do not need to track information on each individual beneficiary to make the determination of
whether or not the project is serving an economically disadvantaged community. If a recipient is unable
to measure economic characteristics of the primary intended beneficiaries of a program or service due to
data limitations or for other reasons, that program or service may not be counted as targeted to
economically disadvantaged communities. Treasury recognizes that in some circumstances, recipients
may fund eligible programs or services that benefit economically disadvantaged communities but may
lack adequate data to assess conclusively that such a program or service is targeted to economically
disadvantaged communities based on the criteria described above.

Subawards

Each recipient shall also provide detailed obligation and expenditure information for any contracts and
grants awarded, loans issued, transfers made to other government entities, and direct payments made by
the recipient that are greater than or equal to $50,000.

Apply Now