Minnesota receives $1B from federal COVID-19 relief fund

Wednesday, Minnesota received $1 billion from the federal Coronavirus Relief Fund, appropriated through the CARES Act.

Gov. Tim Walz’s office said the $1,093,413,660 will be used to help offset the state’s costs associated with responding to the pandemic.

Minnesota is expected to receive a total of $2.187 billion through the fund, with a portion of that going to local units of government. That remaining amount is due to the state no later than April 24, but states are still waiting for guidance from the U.S. Department of the Treasury on how the funds can be used.

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"The state is providing critical funding to hospitals, public health departments, and first responders as we work together to keep Minnesotans safe amid the COVID-19 pandemic," Gov. Walz said. "This critical federal funding will help support Minnesota’s state and local governments as we continue our efforts to combat the spread of the virus in Minnesota."

"This is an important first step from the federal government as Minnesota responds to COVID-19 in a fiscally responsible manner," Commissioner Myron Frans of Minnesota Management and Budget added.