U.S. Senate Majority Leader Mitch McConnell (R-KY) announced today Kentucky received a total of $754,953 for housing programs in Boone County, Hopkinsville and Owensboro. The federal funding, distributed by the U.S. Department of Housing and Urban Development (HUD), was made available by the Coronavirus Aid, Relief and Economic Security (CARES) Act. Senator McConnell introduced the CARES Act, which became the largest financial rescue package in American history, and led it to enactment in about week.
"Kentucky families need urgent relief from the health and economic crisis caused by COVID-19, and I'm proud the CARES Act continues to deliver for communities across our Commonwealth," said Senator McConnell. "Working together, we will beat this virus. I'm encouraged by the Kentuckians courageously pitching in to help their neighbors. I am grateful to the local leaders, healthcare heroes, and small businesses making use of resources from the CARES Act to support those in need."
These federal funds, awarded through HUD's Regular Voucher Program, are the latest assistance for vulnerable Kentuckians from the CARES Act. So far, Senator McConnell's historic rescue legislation has delivered more than $98 million for housing assistance programs in Kentucky.
In addition to these federal funds, the CARES Act has had a $12 billion impact in Kentucky so far. Senator McConnell's legislation has delivered $3.9 billion in relief to address urgent housing, transportation, healthcare, education and economic development priorities. Kentucky small businesses, farmers, and nonprofits accessed more than $5.2 billion in assistance through 50,000 PPP loans. Kentucky families have also received more than $3.8 billion in Economic Impact Payments from the U.S. Treasury.