Understanding the CARES Act: Supplemental Guidance for CCDF Lead Agencies on Spending, Maximizing, and Tracking Funds

This brief is a supplement to the CCDF Information Memorandum (CCDF-ACF-IM-2020-01) released by the U.S. Department of Health and Human Services on April 29, 2020, and it:

Outlines the differences between CARES Act funds and existing CCDF funds, including obligation (i.e. commitment) and liquidation (i.e. payment) periods. Provides tips on how Lead Agencies can maximize their available funding for coronavirus relief. Provides best practices on how to ensure fiscal accountability over these funds.