Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Feds' Plan For Tribal COVID-19 Funding Poses Problems


Law360 (May 6, 2020, 11:02 PM EDT) -- The U.S. Treasury Department's move this week to send out a large portion of $8 billion in funding to combat the coronavirus pandemic is providing a long-awaited boost to tribes, but the structure of the department's plan raises concerns about what exactly the funds will cover, how much Alaska Native Corporations may be allotted, and the potential for more delays in receiving the remaining money, experts say.

After missing a deadline to distribute the $8 billion in direct tribal funding under the $2 trillion Coronavirus Aid, Relief and Economic Security Act, the Treasury Department finally announced Tuesday that it would start paying out $4.8 billion of the money, with the other $3.2 billion to be distributed later based on different criteria.


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