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In March of 2021, the American Rescue Plan Act of 2021 authorized the $350 billion State and Local Coronavirus Fiscal Recovery Fund (Recovery Fund), which provided $65.1 billion in direct, flexible aid to every county in America. The U.S. Department of Treasury (Treasury) is tasked with the implementation and roll-out of the program, and NACo has created this Resource Hub to compile the latest updates and resources surrounding the program.
On January 6, 2022, the U.S. Department of Treasury released the Final Rule for the Recovery Fund. Since the Recovery Fund was established, NACo has worked closely with Treasury to ensure county recommendations and priorities are included in the Final Rule. Key changes between the Final Rule and Interim Final Rule included new 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, and investments in housing and neighborhoods, all of which counties advocated for.
Ask your question today.Have a question on the Final Rule or on COVID-19 recovery efforts? NACo is here to help. |