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More seek covid-relief cash
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More entities in state seek covid-relief cash
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Credit Governor s Office
The state committee in charge of allocating federal funding from the American Rescue Plan approved $150 million to go towards broadband efforts, with an additional $150 million to possibly be approved in a later meeting.
The Arkansas American Rescue Plan Act of 2021 Steering Committee met for the second time on Wednesday and spent over an hour discussing the $300 million request from the state’s Department of Commerce to go towards broadband expansion.
In speaking on the request, Secretary of Commerce Mike Preston recalled the millions of federal dollars previously spent on broadband as a part of the CARES Act.
Send Larry Walther, secretary of the Department of Finance and Administration, will chair the governor s American Rescue Plan Steering Committee.
Gov. Asa Hutchinson on Tuesday set up a 14-member American Rescue Plan Steering Committee to oversee the spending of $1.57 billion of the about $5 billion in federal pandemic aid coming to Arkansas.
The $1.57 billion is the amount going directly to state government; the rest will go to educational institutions, cities, counties and the state Department of Human Services.
About $285 million in funding will flow through the state Department of Finance and Administration to Arkansas communities with less than 50,000 residents, department spokesman Scott Hardin told Arkansas Business by email on Wednesday. The money allocated to each community is based on a formula that was established in guidance from the U.S. Department of the Treasury, he said.
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