CARES Act Financials

Information
Restaurant owner Deepak Kaul demonstrates changes takeout precautions put in place as a result of COVID-19.
The Coronavirus Aid, Relief and Economic Security (CARES) Act provides money and assistance for the Portland community. The City of Portland received $114 million in federal relief funds to distribute throughout the region and address COVID-19's impact on our health, households and small businesses.

Allocations

The PDX CARES Task Force proposed allocations that would help our most vulnerable community members and small business owners, as well as support joint pandemic response efforts with local government partners. After reviewing a range of options, Portland’s City Council determined during a July 22, 2020 work session that investing in our region’s public health response and meeting the immediate needs of our community were the highest and best use of these funds. From household and small business assistance programs to bridging the digital divide, these funds were to provide a lifeline to struggling Portlanders. Ultimately, 90% of the available funds were earmarked for distribution directly to the community with 10% being held in reserve to cover emergency response expenses. Here is the final breakdown:

  • $32 million for household and housing stability
  • $20 million for Multnomah County’s public health response
  • $16.5 million for supporting Portland’s homeless community
  • $15 million for small business relief and $4.35 million for arts and culture

As COVID-19 widened existing inequalities, City Council decided to prioritize programs that addressed the immediate needs of BIPOC communities, people with disabilities, people in the houseless community, and our most vulnerable Portlanders.

Disbursements

Below are the actual disbursements of Cares Act dollars:

Arts & Culture    $4,350,000
Business Support  $15,800,000
COVID Community Outreach    $1,564,000
Digital Divide    $5,006,000
East County Cities    $4,990,772
ECC Response    $5,774,484
Homeless Response  $20,582,000
Household Assistance  $22,200,000
Housing Stability  $17,000,000
County Public Health  $20,000,000
Total Expenditures$117,267,256