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

Report: Treasury formula for COVID-19 funding shortchanges some tribes

 


Arizona tribes were among those who could get too much – or too little – COVID-19 relief funding under a Treasury Department funding formula that is based on “probably not the best numbers,” according to the author of a new report.

The policy brief from the Harvard Project on American Indian Economic Development and the University of Arizona’s Native Nations Institute criticized the formula used to allocate the first $4.8 billion of relief to tribes under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

https://www.indianz.com/News/2020/05/26/report-treasury-formula-for-covid19-fund.asp

 

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