CARES Act Relief Funds
The application period for City CARES funds has concluded. Review our CARES Relief Fund Report (CLICK HERE) to learn details of how these funds were distributed in our community!
General CARES Funds Overview
Coronavirus (COVID-19) pandemic has had a devastating economic impact on many businesses and individuals across Alaska. The City of Fairbanks (City) made it a top priority to help those in Fairbanks that have suffered losses due to COVID-19. The Coronavirus Aid, Relief, and Economic Security (CARES) Act established a fund that allowed the City to provide economic support to businesses and individuals impacted by this pandemic. The City of Fairbanks was awarded $16,005,137.24. Of this amount, the City awarded:
- $7,494,813 to medical facilities
- $6,521,900 to businesses
- $983,287 to individuals
- $1,005,137 for direct expenses and administration costs (any unused funds will be redirected to individuals and businesses)
Supporting Documents
CARES Relief Fund Report - 10-20-20 (529 KB) 
