Here’s what the new COVID relief bill gives New Yorkers

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US Senator Chuck Schumer announced the just-reached COVID relief deal will bring more than $54 billion to New York workers, families, renters and small businesses and includes direct funding to state government vaccine funds.

“New York State governments will directly receive over $13
billion dollars in a variety of ways from mass transit aid, to education aid,
to money for vaccinations and testing. In addition to direct relief checks,
extending enhanced unemployment insurance, this deal provides another round of
PPP and grants for small businesses across the state, including set-asides for
minority-owned and other underserved businesses and new larger forgivable loans
for restaurants as part of a funding bridge to the Biden administration where
we will to fight secure additional relief,” said Schumer.

“In addition, the center of New York’s cultural
life—independent music and live event venues, Broadway, independent movie
theaters, museums and other cultural institutions—will receive dedicated aid to
stay alive here in New York. Direct aid in the form of education funding,
transit funding and highways, vaccine distribution and COVID health funding,
along with emergency assistance for renters are just some of the immediate ways
this legislation will help the state and city’s budgets amid the crisis,”
Schumer added. 

Here’s a breakdown of what the aid package provides New
York:

$5.8 Billion – Education Stabilization Fund

$4B – Elementary and Secondary School Emergency Relief Fund,
provides relief to K-12 public schools across the State of New York.

$1.4B – Higher Education Emergency Relief Fund, directs
funds to New York’s university system, like SUNY and CUNY.

$313M – Governor’s Emergency Education Relief Fund, the
governor can use these funds  at his
discretion to support the state’s K-12 education and higher education needs
related to COVID-19. Including a set aside that will be prioritized to private
schools serving low-income students who have been affected by the COVID-19
pandemic

$4.2 Billion – Emergency Transit Relief, especially the MTA
($4B), which is directly supported by the NY state budget. The remainder will
support county bus services, and upstate transit agencies.

$426 Million – Critical aid to the New York State Department
of Transportation (NYSDOT) to backstop declining revenues and support
construction jobs.

$105.5 Million – Relief for airports in New York to continue
operating safely during the pandemic. Port Authority Airports will receive:
$42.7 m for JFK, $22m for LGA, $2.3 m for Stewart.

COVID HEALTH & RELIEF

$1.6 Billion – Vaccine, Testing, and Tracing, and Flexible
Local Health Funding.  $810M for NYS and
$810M for NYC

$135M for NYC for vaccine distribution

$135M for NYS for vaccine distribution

$675M for NYC testing, tracing, isolation support and COVID
mitigation

$675M for NYS testing, tracing, isolation support and COVID
mitigation

RENT & EVICTION RELIEF

$1.3 Billion  —
Emergency Rental Assistance funding. 
This is the first ever emergency federal rental and utility assistance
program in history.  It will assist
multiple New York government entities and by extension help to keep thousands
of New Yorkers in their homes.

The CDC federal eviction moratorium will also be extended
until January 31, 2021, and can be extended further by the next administration.

EMERGENCY CHILD CARE GRANTS

$465 Million – Child Care Development Block Grants (CCDBG) –
These funds ensure that the child care sector will continue to assist essential
workers and working families, and to support child care providers in meeting
their increased operation costs during the pandemic.

FEMA DISASTER RELIEF FUND (DRF)

$1 Billion–FEMA estimates that in Fiscal Year 2021 New York
will receive about $1 billion in FEMA aid for COVID-19 alone. Schumer just
negotiated an increase of these funds in this Disaster Relief Fund (DRF)
account

$13+ BILLION DIRECT TO NEW YORK GOVERNMENTS

THE DIRECT CHEKCS, UI & FEMA FUNERALS

Over $6.5 Billion for NY in Enhanced Unemployment
Compensation – This bill provides billions in additional federal relief for
struggling New Yorkers by extending the historic unemployment insurance reforms
established in the CARES Act through March 14, 2021. Importantly, it reinstates
the critical lifeline of the enhanced unemployment assistance, providing an
additional $300 per week on top of all state and federal unemployment benefits.
The bill also:

Extends the Pandemic Unemployment Assistance program, which
provides unemployment benefits to the self-employed, freelancers, gig workers,
part-time workers and other New Yorkers in non-traditional employment, and
increases the number of weeks of PUA benefits an individual can claim from 39
to 50.

Provides 24 additional weeks of federally-funded
unemployment insurance benefits to New Yorkers who have exhausted their regular
state benefits.

Continues the full federal financing of state Shared Work
programs, allowing thousands of New York employers to keep their valued
employees on payroll during this downturn. 

Delivers a federally-funded $100 per week additional
“mixed-earner” benefit to New Yorkers who have a combination of traditional
(W-2) and independent employment (1099) income (1099) and are disqualified from
receiving PUA because they are still eligible for regular state benefits.

$9 Billion for New Yorkers – Direct cash payments to New
Yorkers, including $600 for individuals making up to $75,000, $1,200 for
couples making less than $150,000, and an additional $600 per child. This
amounts to $2,400 for a family of four.

$260 Million  – FEMA’s
funeral assistance – financial aid to those who have lost a loved one among the
over 35,000 deaths in New York caused by COVID – which comes at no cost to the
state. This historic use of FEMA’s funeral assistance program ensures those
grappling with unspeakable loss are not also saddled with the financial burden
of exorbitant funeral costs.

RELIEF FOR NEW YORK SMALL BUSINESSES, FAMILIES, LIVE VENUES,
CULTURAL INSTITUTIONS AND OTHER ENTITIES

Over $20 Billion for New York– Small Business Administration
Paycheck Protection Program (PPP) to provide a second round of forgivable loans
to New York small businesses, including restaurants, nonprofits and grant
assistance to very small, underserved businesses and live venues, independent
movie theaters, and cultural institutions, as well as:

 New dedicated
set-aside for PPP lending through Community Development Financial Institutions,
Minority Depository Institutions, and other community lenders to reach
minority-owned and other underserved small businesses and nonprofits.

New dedicated set-aside for very small businesses to gain
greater access to PPP.   

New larger forgivable loans for the restaurant and
hospitality industries and the ability to use funds for PPE, outdoor dining
enhancements, and more.

 “SAVE OUR STAGES”
($15B NATIONALLY) –Dedicated relief for Broadway, comedy halls, music venues,
other live entertainment, independent movie theaters, and cultural
institutions—New York is positioned to get a large share of the $15 billion.

Housing cooperatives, tourism organizations, and local
newspaper, TV and radio stations made eligible for PPP.

$10,000 SBA grants will be available for very small and
underserved businesses in low-income communities.

Provides $3.5 billion to resume debt relief payments of
principal and interest (P&I) on small business loans guaranteed by the SBA
under the 7(a), 504 and microloan programs.

Includes $2 billion to enhance SBA’s core programs,
including 7(a), Community Advantage, 504, and the Microloan program, by making
them more affordable and useful to small businesses.

SBA Microloan Program is funded at $57 million to provide
technical assistance and leverage about $64 million in microloans for minority-owned
and other underserved small businesses.

The bill also extends and expands the refundable Employee
Retention Tax Credit. The extension of this tax credit, through July 1, 2021,
will help keep thousands of additional New Yorkers on payroll and small and
mid-size employers all across New York afloat.

$15 billion to renew the CARES Act Airline Payroll Support
Program which will save thousands of New York airline jobs by keeping workers
on payroll without furloughs or reducing pay rates and benefits until March 31,
2021 New York will receive sizable share of these funds.

$1 billion in CARES ACT Contractor Payroll Support Program
will help thousands of New York’s aviation industry contractor workers keep
their paychecks.

CONNECTING MORE NY FAMILIES TO BROADBAND

$7 billion– Emergency Benefit for Broadband Service to
provide free or low-cost broadband service to low-income families or those who
have been recently laid off or furloughed due to the COVID-19 pandemic. New
York will receive sizable share of these funds.

NY HOSPITALS & HEALTH CENTERS

$1 billion to New York in support and relief for hospitals,
mental health, community health centers and providers

NEW YORK NUTRITION ASSITANCE

$13 billion nationally in Nutrition Assistance (NY will get
a sizable share), which includes:

A 15% increase in SNAP benefits from January 2021 through
June 30, 2021 to support the nearly 2.8 million New Yorkers who receive
benefits

Increased access to nutrition benefits by waiving college
student work requirements

Provides $5 million to add additional retailers to online
SNAP, including for farmers markets and direct to consumer sales

Additional funding for the Emergency Food Assistance Program
(TEFAP) to fund the continued work of New York’s food banks

Funding for senior nutrition through the Commodity
Supplemental Food Program (CSFP) and Meals on Wheels program

Includes critical improvements to the Pandemic-EBT (P-EBT)
program, which provides additional nutrition benefits for families with
children who are eligible for free school lunches to help cover the cost of
meals children would have otherwise received at school

Allocates $4.6 billion nationally to expand P-EBT by
extending the program to help cover cost of meals for kids enrolled in
childcare programs

Nutrition assistance grants for Puerto Rico, American Samoa,
and the Commonwealth of the Northern Mariana Islands

Funds to support the food supply chain through food purchases, donations to food banks, and support for local food systems

ROUGH TOTAL FOR NEW YORK: $54+ BILLION Breakdown via the office of Sen. Chuck Schumer

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