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
U.S. House Passes Reconciliation Bill: What it Means for Counties
Counties should continue to advocate for county priorities to be included in the final budget reconciliation bill.
What Counties Need to Know: ARPA reporting requirements for program income
On May 20, the U.S. Department of Treasury (Treasury) distributed a memo to counties that received American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Fund (SLFRF) dollars who had program income or reported $0 obligated on their recent program & expenditure reports.
County Countdown – May 19, 2025
Every other week, NACo's County Countdown reviews top federal policy advocacy items with an eye towards counties and the intergovernmental partnership. This week features reconciliation bill advancement, a FEMA reform proposal and more.