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DOTTED. S. Department of Transportation Federal Transit AdministrationApplication Federal Award Identification WA202007500 Number (FAIN) Temporary Application Number668320201Application Namesakes
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The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) is a law enacted in March 2020 aimed at providing economic relief to individuals and businesses affected by the COVID-19 pandemic. 'FY' typically refers to 'Fiscal Year'.
Entities that received funds or assistance under the CARES Act, such as businesses, non-profits, and state and local governments, are required to report specific financial information.
To fill out the CARES Act report for FY, entities should gather financial data relevant to the funds received, complete required forms, and ensure compliance with submission guidelines provided by relevant authorities.
The purpose of the CARES Act is to provide financial support to mitigate the economic impact of the COVID-19 pandemic, support healthcare providers, and help individuals and businesses stay afloat.
Information required includes total amounts received, expenditures, how the funds were used, and any related financial statements or documentation.
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