PUTTING AMERICAN RECOVERY ACT FUNDS TO THE BEST USE
13 May 2021
The moment we’ve all been waiting for is here! The Department of the Treasury released guidance for how communities can leverage American Rescue Plan Act (ARPA) funding. Tucked away in the document is a key directive: “state, local, and tribal governments may use payments from the Fiscal Recovery Funds for data analysis to improve the efficacy of programs addressing negative economic impacts.”
This means communities can utilize the funding for a whole swath of valuable research and strategic planning. The research, data and planning will help address ongoing economic disruptions, but also position regions for success in the long-term.