CARES Act summary

CARES Act FAQs for Homeowners

On March 26, 2020, the Senate passed the Phase III  Coronavirus economic relief package, the CARES Act, to assist the economy through these difficult times. This legislation is designed to get financial assistance to the American people quickly by providing necessary relief through direct payments to working-class Americans and emergency loans to small businesses so that they can keep paying their workers. A summary of the legislation is provided in the file to the right. 

See the CARES Act FAQs for Homeowners in the PDF to th righ