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US Treasury Issues New Guidance On What Actions Certain Local Governments Need To Take To Receive APR Relief Funds - Finance and Banking


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The American Rescue Plan Act of 2021 (ARP) will provide
more than US$130 billion to local governments to support the public
health response to the COVID-19 pandemic through the Coronavirus
State and Local Fiscal Recovery Funds Program.
US Treasury guidance issued on April 15 outlines pre-award
requirements for certain local governmental entities to receive
payments under the program. Under this recent Treasury guidance, governmental entities that
are eligible to receive direct payment from the federal government,
including states, counties and metropolitan cities with populations
over 50,000, must: ....

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