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.
Source: icma.org