Fiscal administration and management issues for federal grants have become more complex for CAAs due to the historic influx of funding they received in the wake of the COVID-19 pandemic. Many of these challenges, from managing new programs and a rapid ramp-up of services, to cost allowability as needs during the pandemic evolved and closing out short-term grants, relate to the financial administration of new or increased funding streams.
To help CAAs navigate these challenges – new and old – CAPLAW, in collaboration with the National Community Action Partnership, invited two of our most knowledgeable and engaging financial experts, Kay Sohl and Denes Tobie, to answer your questions about managing your agency’s finances.