Economic Aid for Low-Income Neighborhoods: Recovery Funds and Direct Cash Relief.
This act authorizes $11 billion to support communities severely impacted by economic and social crises, focusing heavily on low-income and historically disadvantaged neighborhoods. The funds are designed to finance direct anti-poverty programs, including potential cash payments to the poorest families, and provide financial relief to small businesses and nonprofits damaged during the 2020 civil unrest.
Key points
Allows for direct cash payments to households earning up to 200% of the Federal poverty level to combat poverty.
$11 billion authorized for community revitalization projects, including affordable housing, health centers, and clean energy infrastructure in low-income areas.
Grants up to $1 million available for small businesses and nonprofits to cover uninsured property damage from the 2020 social and civil unrest.
Funds are explicitly prohibited from being used for law enforcement agencies or activities.
Expired
Additional Information
Print number: 117_HR_2158
Sponsor: Rep. Omar, Ilhan [D-MN-5]
Process start date: 2021-03-23