TITLE: Title
American Rescue Plan Act Framework Update
PURPOSE: The purpose of this agenda item is to provide the Town Council with an update on the development of a comprehensive plan to allocate the American Rescue Plan Act (ARPA) funds.
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DEPARTMENT: Town Manager, Finance, Communication and Engagement, Housing & Community Services, Planning
CONTACT INFORMATION: Richard J. White III, Town Manager, rwhite@carrboronc.gov, 919-918-7315; Arche McAdoo, Finance Director, amcadoo@carrboronc.gov, 919-918-7439; Catherine Lazorko, Communication and Engagement Director, clazorko@carrboronc.gov, 919-918-7314; Rebecca Buzzard, Housing and Community Services Director, rbuzzard@carrboronc.gov, 919-918-7438; Trish McGuire, Director of Planning, Zoning and Inspections, pmcguire@carrboronc.gov, 919-918-7327
INFORMATION: The $1.9 trillion American Rescue Plan Act (ARPA) was signed into law on March 11, 2021 to assist 19,000 state and local governments in the United States to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic. The Town received initial notice that it would receive $6,200,00 of Local Fiscal Recovery Grant funding under ARPA. The interim final rule on use of the funds was released on May 10, 2021, and the final rule was released on January 6, 2022. All funds must be obligated or encumbered by December 31, 2024 and spent by December 31, 2026.
The timeline below briefly describes Town Council actions to date:
o May 4, 2021 - Carrboro Town Council adopted a Grant Project Ordinance to recognize Local Fiscal Recovery funding under the American Rescue Plan Act - Town of Carrboro - File #: 21-141 (legistar.com)
o June 22, 2021 - Town Council amended the ARPA Grant Project Ordinance to authorize the Town Manager to use up to $300,000 for business grants to help local businesses recover from the pandemic and enter into grant agreements with small businesses. Staff was directed to gather information on the impact...
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