Maryland Details Spending Of First $610 Million Of Federal COVID-19 Relief Funds

3 years ago 389

ANNAPOLIS, Md. (WJZ) — Maryland spent much than $610 cardinal of its national COVID-19 alleviation wealth frankincense far, with the bulk going toward rent and owe assistance, unemployment benefits, assistance to the tourism and hospitality industries, and different initiatives to offset the antagonistic fiscal impacts of the pandemic, according to a caller study released by Gov. Larry Hogan’s bureau connected Tuesday.

The study besides provides further details for immoderate of the initiatives outlined successful a bipartisan agreement for the remaining $3.7 billion.

“I americium pleased to unveil this latest roadmap of Maryland’s concern of the $3.7 cardinal that the authorities is receiving from the national authorities to assistance america retrieve from this unprecedented nationalist wellness crisis,” Hogan said successful a statement. “We worked hard to propulsion the White House and Congress to supply alleviation to the states, and present we are making definite that this alleviation is going straight to the people, the businesses, and the programs wherever it volition bash the astir good.”

Between March 3 and July 31, the authorities spent 47% of the $610 cardinal disbursement to bolster the economy, with $108 cardinal going to rent and owe assistance, $40 cardinal going to unemployment benefits, $50 cardinal going to the tourism, question and hospitality industries, $30 cardinal going to nonprofit organizations, and $72 cardinal successful currency assistance for households.

Additionally, much than $52 cardinal was directed to nationalist wellness expenditures, and aboriginal $98 cardinal was spent connected premium wage for nationalist assemblage employees responding to the pandemic.

In the statement announced successful March, Hogan, Senate President Bill Ferguson and House Speaker Adrienne A. Jones said $1.1 cardinal of the remaining funds would enactment up the Unemployment Insurance Trust Fund and stabilize the unemployment taxation for the years 2022 and 2023; $600 cardinal would spell toward acquisition funding, including $80 cardinal to enactment improved HVAC and ventilation systems; $500 cardinal would spell toward infrastructure improvements; and $300 cardinal would beryllium invested successful broadband technology.

MORE NEWS: Maryland SPCA Running Low On Supplies, Seeking Donations For Dogs