The coming Coronavirus Food Assistance Program (CFAP) expansion by USDA is closer to be being announced as the final rule was sent to the Office of Management and Budget (OMB) for review on September 4.
This rule likely covers what has been touted as CFAP 2 which would address conditions since the April 15 date referenced in the initial CFAP effort that has seen $9.4 billion paid out as of August 31.
The program targeted providing some $16 billion in payments using funds from the CARES Act and Commodity Credit Corporation (CCC) borrowing authority.
Expectations are the CFAP 2 effort will be announced soon as OMB review of the plan is not expected to take a long time.
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