Deadline Nears for the Municipal Liquidity Facility

Thoughtware Alert Oct 12, 2020
Compliance

As the economic recovery slows and prospects for additional COVID-19 relief for state and local governments wane until after the November elections, governments may want to reconsider the Municipal Liquidity Facility loan program. The program is scheduled to end on December 31, 2020, and the Federal Reserve recently announced the deadline for filing a Notice of Interest to begin the application process is December 1, 2020.

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