Austin rushes to funnel unused CARES funds to small businesses before end of year
December 09, 2020 at 15:46 PM EST
With the end of the year approaching, the city has to use up its remaining CARES Act funds or else the money will go back to the federal government. A few million dollars have gone unspent in some of the Covid-19 relief programs created by the city, so those funds are being redirected.