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The U.S Treasury on Monday began to accept applications from state and local governments for the use of $350 billion in federal aid, money that was made available as part of the $1.9 trillion American Rescue Plan law signed by President Joe Biden in March.
According to the guidelines for the program, the Treasury “will distribute funds to eligible state, territorial, metropolitan city, county, and Tribal governments.” States will receive about $195 billion of the funds, while counties will get $65 billion and cities will get $45 billion. Tribal governments, territories and non-entitlement units of local government (cities with fewer than 50,000 people and counties with fewer than 200,000) will divide the remaining $45 billion.