American Rescue Plan
The American Rescue Plan Act
The American Rescue Plan (ARP) Act of 2021 – the latest COVID-19 stimulus package – is a $1.9 trillion economic stimulus bill. Within the ARP, the Coronavirus Local Fiscal Recovery Fund provides $350 billion for states, municipalities, counties, tribes, and territories, including $130 billion for local governments split evenly between municipalities and counties. There are two high level summaries of the bill available: Title by Title Bill Summary and State and Local Fiscal Recovery Funds Fact Sheet.
Upcoming Webinar: How Indiana Communities Can Leverage the American Rescue Plan
Tuesday, April 20, 2:00 – 3:00 p.m. Eastern
Presented by the Office of Community and Rural Affairs, Accelerate Indiana Municipalities, Association of Indiana Counties and Indiana Association of Regional Councils, this 1-hour webinar will present valuable information for our Indiana communities on the Coronavirus Local Fiscal Recovery Funds outlined in the American Rescue Plan. ARP provides $1.28 billion in local fiscal relief for Indiana local units of government. This historic investment allows for meaningful investments in communities and allows more than 3.5 years for communities to strategically plan for and deploy the funds.
Estimated State and Local Allocations
The historic American Rescue Plan Act was signed into law on March 12th but Congress continues to refine the estimates for allocations from the State and Local Fiscal Relief Funds.
• View the funding estimate for state and local government entities (March 8, 2021).
• Review the Estimated State and Local Allocation Spreadsheet Reference Guide from National League of Cities (February 2021).
• Read the National League of Cities notes on Senate-Passed Changes to the State and Local Fiscal Recovery Funds (March 2021).
As we monitor the evolving situation, Aim has gathered resources to provide you with helpful information as it becomes available. Please check back regularly as information becomes available. Further, please do not hesitate to send documents and links you believe would be helpful to your peers to Jennifer Simmons at [email protected]. We are happy to review them and determine if they are appropriate for this webpage.