Treasury opens portal for counties to receive Fiscal Recovery Funds
On May 10, the U.S. Department of Treasury released guidance on the State and Local Coronavirus Fiscal Recovery Fund (Recovery Fund), part of the American Rescue Plan Act. The bill includes $65.1 billion in direct, flexible aid to every county in America, as well as other crucial investments in local communities. Additionally, the U.S. Treasury opened the new portal that counties must complete to receive Fiscal Recovery Funds.
Since the package was signed into law, NACo has been supporting the U.S. Treasury’s efforts to successfully implement the Recovery Fund. Included in the guidance is the flexibility to use Recovery Funds to invest in broadband infrastructure, services and programs to contain and mitigate the spread of COVID-19, including capital investments in public facilities, investments in housing and neighborhoods and other guidance counties advocated for.
NACo will release an in-depth analysis of Treasury’s new guidance in the coming days.
Resource
COVID-19 Recovery Clearinghouse
Related News
Census Bureau proposes permanent changes to the 2030 Decennial Census
On September 10, the U.S Census Bureau published a proposed rule to the 2030 Decennial Census that would create two new parts of the 15 Code of Federal Regulations (CFR) that among other changes would a) define “usual residence” that excludes foreign persons previously counted that are not U.S. citizens or lawful residents, and b) would eliminate any questions about race, ethnicity and sexual orientation from the census questionnaire used to enumerate the population. The proposed ruling outlines only 30 days for public comments, which are due on October 13.
Foundations navigate community benefit agreements
Philanthropic organizations offer a specialized approach to managing proceeds from community benefit agreements struck between counties and energy companies.
Supreme Court allows new SAVE citizenship voter verification system to proceed
On Sept. 25, the U.S. Supreme Court granted an emergency appeal from the White House to pause a lower court’s ruling blocking its use of a new SAVE system ahead of the midterms.