Funding
How much money can your city expect to receive?
Signed into law by President Biden on March 11, 2021, the American Rescue Plan Act (ARPA) allocates $1.9 trillion to COVID-19 relief and economic recovery. Cities in Oregon will directly receive more than $680 million through the Coronavirus Local Fiscal Recovery Fund.
These funds will be provided over two distributions; the first half is available now and the second half will be available in one year. Funds must be obligated by December 31, 2024, but cities will have until December 31, 2026 to complete projects.
By the Numbers:
Additional information is available from the U.S. Treasury and NLC.
Questions? Contact Mark Gharst, Lobbyist - mgharst@orcities.org or 503-991-2192