American Rescue Plan
On May 10, 2021 the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. The U.S. Department of Treasury also released details on how these funds can be used to respond to acute pandemic response needs, fill revenue shortfalls among these governments, and support the communities and populations hardest-hit by the COVID-19 crisis.
The Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility for each jurisdiction to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis. These funds also deliver resources that recipients can invest in building, maintaining, or upgrading their water, sewer, and broadband infrastructure.
Meriden will receive $36,359,755.47. The City has already received its first tranche of $18,179,877.73.
- Funds must be obligated by 12/31/2024 and expended by 12/31/2026
- Funds can be held in interest bearing accounts
- Funds on use of funds to Treasury must be done every quarter
American Rescue Plan Steering Committee Initial Meeting Presentation- CLICK HERE
ARPA Committee Meetings:
The U.S. Department of Treasury has provided guidelines and principles for determining the types of programs and services that this funding can support, together with examples of allowable uses that recipients may consider.
American Rescue Plan Summary Guideline - CLICK HERE
U.S. Treasury Frequently Asked Questions Regarding the Coronavirus State and Local Fiscal Recovery Funds- CLICK HERE
AMERICAN RESCUE PLAN PROJECT LIST
This spreadsheet will be updated on a bi-weekly basis to include newly submitted applications.
(CLICK HERE FOR UPDATE LIST) Updated 12/31/2022
AMERICAN RESCUE PLAN PROJECT APPROVAL MATRIX
The American Rescue Plan Steering Committee will use the following matrix to review submitted proposals. CLICK HERE
The Secretary of the Treasury (Treasury) is issuing this Interim Final Rule to implement the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan. To view the rules- CLICK HERE
Coronavirus State & Local Fiscal Recovery Funds: Overview of the Final Rule CLICK HERE