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Friday, September 18, 2020

CFAP 2 Details Likely To Come Soon

The Office of Management and Budget (OMB) finished its review of the final plan from USDA for another Coronavirus Food Assistance Program (CFAP) effort Wednesday (September 16).


And President Donald Trump announced the aid, totaling around $13 billion, in Wisconsin on Thursday night. That should mean details of the plan will come Friday from USDA.


The CFAP 2 effort is expected to focus on addressing impacts to the sector that have been seen since April 15, the date that the initial CFAP effort targeted.


Payouts under the initial CFAP effort have totaled just under $10 billion, shy of the $16 billion the agency targeted for the effort and signup for the initial effort closed September 11.