CARES Act Resources



U.S. Travel Association (USTA)

The USTA offers detailed documents outlining important and relevant information available for the industry within the CARES Act. Details including eligibility for aid can be found here, or via this guide, along with guidance for small business owners. Information regarding additional CARES Act stimulus opportunities can be found here

Paycheck Protection Program (PPP) Flexibility Act of 2020

The Senate unanimously approved the Paycheck Protection Flexibility Act which will make a number of retroactive improvements to the PPP, giving business owners more flexibility and time to use loan money. The reform bill which passed the House last week includes: 

  • 24-week covered period (instead of 8)
  • 60/40 split (instead of 75/25)
  • Loan forgiveness still possible if Full-Time Employees won’t come back, or if revenue in Dec. is below Feb. 2020 levels
  • Five-year loan repayment terms for future PPP loans
  • Payroll tax deferment restored

The bill now awaits President Donald Trump's signature.

The National Restaurant Association analysis of how the bill would change PPP for current users can be found here


Pandemic Risk Insurance Act (PRIA) of 2020

Rep. Maloney (D-NY) introduced new legislation, Pandemic Risk Insurance Act (PRIA) of 2020 (H.R. 7011), intended to provide a federal backstop for pandemic-related economic losses—including coronavirus-related insurance claims. Event cancellation insurance is a component of this bill and USTA believes this to be critical in allowing businesses to reopen and helping mitigate financial damage caused by cancellation of meetings, events, and trade shows. 

You can read more about the PRIA within USTA’s legislative priorities document.

USTA has created and circulated top priorities for the travel industry to congressional leadership and other key members of Congress as negotiations are underway for the next relief bill. The focus is on providing additional relief to the travel industry, liability protections to allow travel businesses to reopen, an increased need for federal testing, and several stimulus measures to help restart the economy. Each of these asks is designed to enable a safe, phased reopening of the economy and target the workers, businesses, States, and localities in most need of assistance. The recommended policy approaches the USTA has created can be viewed in detail here


Community Development Block Grants (CDBG)

The CARES Act provides $5 billion in additional funding for the Department of Housing and Urban Development’s Community Development Block Grant (CDBG) program to help states and local governments respond to the coronavirus outbreak. The funds are available until Sept. 30, 2022 and can be used for a variety of purposes – including support for the tourism sector. A full summary of eligible CDBG uses can be found here. To request a sub grant, sample letters are available here, and to request a waiver from the Secretary of Housing and Urban Development (HUD) for tourism promotion, visit here. For region-specific stats on the economic impact of travel to use within your request, click here.


Economic Development Administration (EDA)

EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) program, provides a wide range of financial assistance to communities and regions as they respond to, and recover from, the economic effects of the coronavirus pandemic. 

The EDA  has released a notice of funding opportunity (NOFO) outlining eligible entities, projects, and activities for the $1.5 billion in grants provided under the CARES Act. State and local governments, nonprofit organizations and tribes, and travel and tourism-related marketing campaigns are all included.


Hampton Roads Economic Development Alliance Business Recovery Forum

The Hampton Roads Economic Development Alliance launched a virtual home for up-to-date COVID-19 analysis, connection, and ongoing dialog with those who know the 757 best.  The COVID-19 Business Recovery Forum 757, offers those in the business community a place to connect, engage in live discussions, and access insights and analysis from regional experts as it pertains to the CARES Act and the region’s recovery.  To register, visit


The Virginia 30 Day Fund Offers Immediate Small Business Loans

The non-profit Virginia 30 Day Fund, launched by technology entrepreneur Pete Snyder and his wife, provides immediate financial assistance for Virginia-based small businesses to meet payroll, preserve healthcare coverage for employees, and save jobs until federal funding arrives. The fund will provide up to $3,000 to each approved small business. Recipients do not have to repay the money and instead are asked to pay it forward in the future. To learn more and apply, click here


Greater Williamsburg Chamber & Tourism Alliance 

Visit the Sustainability and Recovery Resource Center for local, state, and national resources. 


Last Updated:  6/04/20