American Rescue Plan Act Of 2022 Treasury Guidelines. The office of the inspector general (oig) has compiled the following rules and. Department of treasury (treasury) to help local governments recover from the coronavirus pandemic.
Children 17 years old and younger, as opposed to 16 years old and younger, will now be covered by the child tax credit. Virgin islands, and the commonwealth of the northern mariana islands. The state funding portion is approximately $195 billion with $25.5 billion distributed equally among the 50 states and the district of columbia and the remaining amount.
The information provided during this webinar is solely intended for general reference and is not comprehensive or final information. • on january 6, 2022, the us treasury issued the final rule for use of the slfrf program funds. The interim final rule, which treasury issued last fall, provided states with assurances that fiscal recovery funds could be used for this purpose.
For Complete Details, You Should Refer To Treasury Guidance.
These practices highlight the opportunity to help those who need to prove to a prospective landlord that they can access future rent assistance in order to be stably housed. $498 million for tribes or tribally designated housing entities and the department of hawaiian home lands. Department of the treasury issued the final rule, which governs the eligible uses of coronavirus state and local fiscal recovery funds (“slfrf”) under the american rescue plan act (“arpa”).
Please Click Here For Gfoa’s Analysis Of Arpa.
The american rescue plan act of 2021 (arpa) provides a substantial infusion of resources to eligible state, local, territorial, and tribal governments to help turn the tide on the pandemic, address its economic fallout, and lay the foundation for a strong and equitable recovery. American rescue plan act funding breakdown. The final rule takes effect on april 1, 2022.
Treasury Also Released Guidance And An Interim Final Rule On How The Funds May Be Used.
State, local, territorial, and tribal governments are facing. Below is some guidance to keep in mind when making your request. The american rescue plan increased the amount of the child tax credit from $2,000 to $3,600 for children under age 6, and $3,000 for other children under age 18.
The Office Of The Inspector General (Oig) Has Compiled The Following Rules And.
$30 million for the territories of guam, american samoa, the u.s. On january 14, 2022, treasury published promising practices for using commitment letters to assist prospective renters. The emergency funding was designed specifically to help keep front line public workers on the.
