The U.S. Department of Treasury has opened a portal for cities and counties to apply for Coronavirus State and Local Fiscal Recovery Funds authorized by the American Rescue Plan Act. Treasury also released guidance and an interim final rule on how the funds may be used.
To help local leaders navigate this new information, ICMA will host a webinar on Monday, May 17, featuring a team from The Ferguson Group (an ICMA Strategic Partner). In the weeks ahead, ICMA will provide additional learning opportunities, more analysis of the guidance, as well as advice on how local governments can tap all of the available federal resources to make strategic investments and to support the long-term economic recovery in their communities.
Important reminders:
- Even if your jurisdiction is eligible for a direct allocation and has used the Treasury portal to request funding from other federal programs, you must submit a new request to receive Coronavirus State and Local Recovery Funds.
- Non-entitlement units (NEUs) of local government are eligible to receive funding from their state government. After a state government requests its own funds and Treasury issues additional guidance on distributions to NEUs, check with your state officials to find out how to receive the funding.
For an overview of the recovery funds program including eligible uses, see this May 10 fact sheet. For additional details on the state, local, territorial, and tribal government allocations, see the full list here.
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