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BEDC president talks about how ARPA funds can help Monroe County businesses

Jennifer Pearl Special to the H-T Recently, we have been diving into what the American Rescue Plan Act of 2021 can mean for our community. ARPA is a $1.9 trillion federal coronavirus relief funding package that will deliver funding at the federal, state and local levels. Through ARPA allocations to local government, Bloomington will receive about $22.27 million, Ellettsville will receive about $1.41 million and Monroe County will receive about $28.79 million. Based on federal guidelines, funds can be used to: (1) Respond to the public health emergency or its negative economic impacts; (2) Provide premium pay to eligible essential workers; (3) Replace lost government revenue; and (4) Make necessary investments in water, sewer or broadband infrastructure.

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