Coronavirus State And Local Fiscal Recovery Funds | U.s. Department Of The Treasury

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Coronavirus State And Local Fiscal Recovery Funds | U.s. Department Of The Treasury. What you need to know about the coronavirus state and local fiscal recovery funds. This document contains answers to frequently asked questions regarding the coronavirus state and local fiscal recovery funds (csfrf / clfrf, or fiscal recovery funds).

June 02, 2021 thumbnails document outline attachments. Presentation mode open print download current view. Federal policy issues, state & local policy issues. On may 10, 2021, the u.s. As of june 24, 2021. What you need to know about the coronavirus state and local fiscal recovery funds. Coronavirus state and local fiscal recovery funds. Department of treasury on may 10, 2021 provides that fiscal recovery funds must be used: Department of treasury issued its guidance for qualified uses of the $350 billion local fiscal recovery funds (lfrf) included in the american rescue plan act (arpa) which gives a clearer picture of how these funds can and can’t be spent. Department of the treasury today launched the $362 billion coronavirus state and local fiscal recovery funds, part of the american rescue plan act of 2021 that was signed into law by president biden on march 11.

What you need to know about the coronavirus state and local fiscal recovery funds. This document contains answers to frequently asked questions regarding the coronavirus state and local fiscal recovery funds (csfrf / clfrf, or fiscal recovery funds). The ratification of the historic coronavirus aid, relief, and economic security (cares) act floated a life raft of $2 trillion to $2.2 trillion 1 to many us businesses, families, and local governments reeling from the economic shutdown (exhibit). To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality; The purpose of the fiscal recovery funds is to “provide a substantial infusion of resources to help local governments turn the tide on the pandemic, address its economic fallout, and lay the. According to treasury, it is issuing this ifr to implement the coronavirus state fiscal recovery fund and the coronavirus local fiscal recovery fund established under the american rescue plan act of 2021 (arpa). The coronavirus state and local fiscal recovery funds (slfrf) provide a substantial infusion of resources to help turn the tide on the pandemic, address its economic fallout, and lay the foundation for a strong and equitable recovery. Eligible state, territorial, metropolitan city, county, and tribal governments will be. The district of columbia and u.s. The interim final rule released by the u.s. Territories (the commonwealth of puerto rico, the united states virgin islands, guam, american samoa, and the commonwealth of the northern mariana islands);