Council on Metro Economies and the New American City

ARPA State and Local Fiscal Recovery Fund Resources:

ARPA’s State and Local Fiscal Recovery Fund (SLFRF) program provides the largest amount of direct federal aid ever to local governments. A total of $130.2 billion is currently being provided to cities and counties to use through December 31, 2024. The program will be administered by the U.S. Treasury Department. Below are resources for cities from the U.S. Department of the Treasury:

UPDATES:

July 27th, 2022: The U.S. Department of the Treasury has released updated FAQs to the SLFRF Final Rule, which include new guidance (2.14 and 4.9) on affordable housing development. The guidance takes two additional steps: (1) increasing flexibility to use SLFRF to fully finance long-term affordable housing loans and (2) expanding presumptively eligible affordable housing uses to further maximize the availability of SLFRF funds for affordable housing. Click here for the updated FAQs. Treasury has also worked with the Department of Housing and Urban Development to publish a How-to Guide for Affordable Housing.

July 1st, 2022: The U.S. Department of the Treasury has released the SLFRF Project and Expenditure Report User Guide along with the Recovery Plan User Guide. Both items are due July 31, 2022. The Project and Expenditure Report User Guide includes a Frequently Asked Questions section to address common reporting concerns.

June 3rd, 2022: The U.S. Conference of Mayors, in collaboration with the Kresge Foundation, has released a new report on cities using SLFRF funds to promote equity. Click here for the report.

April 27th, 2022: The U.S. Department of the Treasury has released updated FAQs for the SLFRF program. Click here to view.

April 22nd, 2022: April 30th, 2022 is the deadline for ARPA SLFRF Reporting. The U.S. Conference of Mayors has provided an update on the April reporting deadline with FAQs from the U.S. Department of the Treasury. Click here to view the USCM update.

April 21st, 2022: The U.S. Department of the Treasury has released guidance for local governments on the second tranche of SLFRF funding. Click the link here to view the guidance for local governments.

March 10th, 2022: The U.S. Conference of Mayors has released a new survey of mayors that shows how critical SLFRF relief funds from the American Rescue Plan Act (ARPA) are being put to use in American cities. Click here to view the survey report. 

January 18th, 2022: The U.S Department of the Treasury has released slides and video from its recent webinar on the recent release of its Final Rule for the State and Local Fiscal Recovery Funds. Click here for the webinar slides and click here for the video. 

January 6th, 2022: The U.S Department of the Treasury has released its Final Rule governing the State and Local Fiscal Recovery Fund (SLFRF), which provides $65.1 billion to All Cities under the American Rescue Plan Act.

• The Final Rule can be found here.
• The Overview of the Final Rule can be accessed here.
• Treasury’s full press release on the Final Rule can be found here.

Treasury will hold a series of webinars to describe the Final Rule and its major changes from the Interim Final Rule. The dates and registration links for these webinars (which are identical in content) are as follows:

• January 7, 2022 at 1:00pm ET. Register here. This webinar will be recorded and shared within a few business days.
• January 10, 2022 at 4:00pm ET. Register here.
• January 12, 2022 at 1:00pm ET. Register here.

December 14th, 2021: Treasury has released the online Portal that NEUs who have requested funding from their state will use for reporting and compliance. Click here for more information.

November 19th, 2021: IRS Releases FAQs for states and local governments on taxability and reporting of payments from Coronavirus State and Local Fiscal Recovery Funds. Click here to view. 

August 2nd, 2021: Bloomberg’s e311 Program will host a virtual workshop on federal assistance compliance on Monday, August 2nd, at 2:00pm ET. Please click here for more information on how to participate.  Click here for slides that outline the e311 Program.

July 22nd, 2021: The U.S. Department of Commerce has announced two new competitive grant programs available to local governments to promote local economic growth and development. These are being administered by Commerce’s Economic Development Administration (EDA). These grant programs include:

1. The Build Back Better Regional Challenge (Click here for more information)
   The $1 billion Build Back Better Regional Challenge will provide a transformational investment to 20-30 regions across the country that want to revitalize their economies.
2. The Good Jobs Challenge (Click here for more information)
   Through the Good Jobs Challenge, EDA is allocating $500 million to collaborative skills training systems and programs. Funds may also be used to provide wrap-around services for trainees.

July 19th, 2021: The U.S. Department of the Treasury has issued updated FAQs for its Coronavirus State and Local Fiscal Recovery Funds program. There is a single update to FAQ number 1.4 on page 2. Please click here for most recent FAQs.

June 28th, 2021: The U.S. Conference of Mayors has submitted its full public comments to Treasury regarding the Coronavirus State and Local Fiscal Recovery Funds Interim Final Rule. Click here to view the Conference of Mayors’ full public comments.

June 23rd, 2021: The U.S. Department of the Treasury has released its latest round of Frequently Asked Questions for the Coronavirus State and Local Fiscal Recovery Funds. These additional FAQs relate to assistance to small businesses, improvement of outdoor spaces (such as parks), crime prevention and response, and more. The new FAQs are dated 6/23/2021. Click here to view the updated FAQs.

June 17th, 2021: The U.S. Department of the Treasury has released new guidance on Recipient Compliance and Reporting Responsibilities for the State and Local Fiscal Recovery Funds Program. Click here to view.

June 17th, 2021: The U.S. Department of the Treasury has released its latest round of Frequently Asked Questions for the Coronavirus State and Local Fiscal Recovery Funds. These additional FAQs relate to broadband development, and are dated 6/17/2021. Click here to view the updated FAQs.

June 15th, 2021: The U.S. Conference of Mayors, the City of Boston, Chicago, Los Angeles, Montgomery County (MD), and the TCCFUI have submitted joint public comments to Treasury related to the broadband infrastructure provisions outlined in the Coronavirus State and Local Fiscal Recovery Funds Interim Final Rule. Click here to view the broadband infrastructure public comments.

June 8th, 2021: Today, the U.S. Department of the Treasury released its latest round of Frequently Asked Questions for the Coronavirus State and Local Fiscal Recovery Funds.