Thanks to the tireless efforts of local officials across Georgia and the United States, cities of ALL sizes will be eligible to receive a direct allocation from the federal government to help address the pandemic-related needs of cities, residents, and the business community. President Biden signed H.R. 1319, the American Rescue Plan Act of 2021, into law on March 11, 2021. This bill includes comprehensive relief totaling $1.9 trillion, with $65.1 billion for cities throughout the U.S.
Funding for Local Governments
The ARP Coronavirus Local Fiscal Recovery Fund will deliver more than $1.4 billion in funds directly to all cities in Georgia. Funds will be provided to jurisdictions over two years, with 50% in 2021 and 50% in 2022. Cities over 50,000 should receive 50% of the allocation within 60 days of bill passage, and the other 50% 12 months later. Cities below 50,000 population will receive funds via a pass-through to the State of Georgia, and funds should be available as soon as early June 2021. The U.S. Treasury will provide detailed guidelines on allocation amounts and uses of funds no later than mid-May 2021. Funds must be spent by December 31, 2024.
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