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Congress allocated $ 54 billion in financial aid to New York: how much will residents get

'22.12.2020'

Vita Popova

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Through this, New York workers, families, tenants and small businesses will receive financial assistance. Nevertheless, the New York authorities criticized this plan. Why - said the publication Spectrum News.

Photo: Shutterstock

New York City can expect to receive $54 billion in aid from the federal government to fight the coronavirus pandemic. This was announced on December 21 by New York State Senator Charles Schumer.

"This is a very good help for New York," he told reporters, adding that the help will go to "New York workers, families, tenants, small businesses and, of course, directly to the people."

On the subject: Financial aid resources for New Yorkers: where and for what needs you can get money

Here's roughly how much New York City and State will get:

  • over $6,5 billion in the form of unemployment compensation for residents of the state, including a weekly allowance of $ 300.
  • $9 billion direct cash payments to residents of the state, including $600 for individuals earning up to $75 per year, $1 for couples earning less than $200 per year, and an additional $150 per child.
  • 260 million allocated to the state to assist with the funeral.
  • 5,8 billion dollars allocated to the state from the Education Stabilization Fund.
  • 4 billion dollars – for emergency assistance for the MTA.
  • $42,7 million for John F. Kennedy Airport and 22 million dollars for LaGuardia Airport.
  • 810 million dollars to fund vaccination, testing, and contact tracing of coronavirus cases in New York City ($135 million for vaccine distribution and $675 million for testing, contact tracing, and pandemic mitigation).
  • 251 million in the form of emergency rental assistance for New Yorkers in addition to extending the federal eviction moratorium until January 31, 2021.
  • 465 million for New York State in the form of Child Care Development Block Grants.
  • 1 billion dollars FEMA Disaster Relief Funding.
  • 1 billion dollars for state hospitals and health centers.
  • More 20 billion dollars will be sent to the state through the Small Business Administration's Paycheck Protection Program. Of this, the lion's share - $15 billion - will go to the city of New York as part of the Save Our Stages program in favor of Broadway.

Mayor Bill de Blasio and Gov. Andrew Cuomo have criticized the plan, which does not include funding that would help close the huge budget deficit caused by the pandemic.

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