Treasury opens portal for counties to receive Fiscal Recovery Funds
Author
Eryn Hurley
Upcoming Events
Related News
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
County Countdown – December 2, 2024
Every other week, NACo's County Countdown reviews top federal policy advocacy items with an eye towards counties and the intergovernmental partnership.
NACo Legal Advocacy: McLaughlin Chiropractic Associates, Inc. V. McKesson Corporation
McLaughlin Chiropractic Associates, Inc. V. McKesson Corporation could make it more difficult for counties to challenge Federal Communications Commission (FCC) orders, many of which have taken steps to preempt and curtail local authority by limiting counties’ abilities to manage their own right of way and assess fair market value permitting and impact fees on providers seeking to construct, modify or extend telecommunications infrastructure in their communities.
Countdown to ARPA’s SLFRF Obligation Deadline: Top 5 Insights for Local Governments
Countdown to ARPA’s SLFRF Obligation Deadline: Top 5 Insights for Local Governments