CARES Act

The Mississippi Department of Finance & Administration (DFA) is administering programs related to the CARES Act pursuant HB1790, HB1791, HB1793, and HB1794.

Postsecondary Education COVID-19 Mitigation Relief Program Act

The act provides for the reimbursement of eligible expenses for the mitigation of the impact of COVID-19.

Mississippi Tourism Recovery Fund

The act provides funds for tourism recovery and nonprofit museum recovery-related to COVID-19.

DFA has created a portal to submit funding requests for the Postsecondary Education COVID-19 Mitigation Relief Program Act and the Mississippi Tourism Recovery Fund.

The portal can be accessed by clicking the button below. Review the CARES Act Portal Registration Instructions for information on how to register. The deadline for nonprofit museums to apply for CARES Act funding has ended.

 

Reporting Requirements

Organizations that have requested advance funds have monthly reporting requirements to complete. The organizations must submit financial and performance status reports. The financial reports will detail the payroll and other expenses the organizations have incurred and spent. The performance status reports will describe how the funds were used, including specific deliverables achieved, and progress against the objectives and outcomes expected to be achieved. On a monthly basis, Organizations will need to complete the following documents:

  1. Summary financial and performance status report form
  2. Financial payroll expenditure report form
  3. Financial nonpayroll expenditure report form

 

The reports are due by the following dates:

  • September 21, 2020
  • October 20, 2020
  • November 20, 2020
  • December 21, 2020
  • January 20, 2021
  • February 20, 2021
  • March 20, 2021

 

For questions regarding these programs, please email caresact@dfa.ms.gov. Assistance is available Monday - Friday; 8:00 AM - 4:30 PM CST except State holidays.

Please review the U.S. Treasury Guidance and Frequently Asked Questions for State, Local and Tribal Governments for additional information.