The American Rescue Plan Act

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The U.S. Department of the Treasury is beginning the launch of its Coronavirus State and Local Fiscal Recovery Funds program which was established by the American Rescue Plan Act of 2021. The Act contains $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. 

As part of their rollout, Treasury has released details on how these funds can be used in order to respond to acute pandemic response needs; fill revenue shortfalls among these governments; and support the communities and populations hardest-hit by the COVID-19 pandemic.

The total allocation for the City of Newport is approximately $8 million with distribution occurring over the next several years.

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Eligible Uses for the American Rescue Plan Act Funds

1. Broadband - Invest in broadband infrastructure with modern utility in mind. Broadband efforts should aim in improve reliability, accessibility and affordability of internet. 
2. Community Grants - Assist organizations (non-profit) that serve the needs of vulnerable populations within the community, particularly those heavily impacted by the pandemic. Investments can range from assisting individuals to supporting redevelopment of entire neighborhoods.
3. Economic Development - Provide aid to small business and industries negatively impacted by COVID-19 and its effects on the local economy.
4. Organizational Needs - Address needs within Town departments or amongst city essential employees that improve the capabilities of staff to respond to public needs and support employees most susceptible to COVID.
5. Tourism/Travel Industry - Speed the recovery of tourism, travel, and hospitality sectors that are just beginning to mend
6. Utility Infrastructure - Make necessary improvements to water and sewer infrastructures, including projects that address the impacts of climate change. Utility investments should aim at improving the reliability and resiliency of the utility system.

Community Suggestions

Do you have an idea for how the American Rescue Plan Act funds should be used? If so, send us your suggestion by using the form below.