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  2. Board Of Aldermen - Minutes - 9/8/2021 - P17

Board Of Aldermen - Minutes - 9/8/2021 - P17

By dnadmin on Mon, 11/07/2022 - 07:09
Document Date
Wed, 09/08/2021 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Wed, 09/08/2021 - 00:00
Page Number
17
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__090820…

US

Background and History

On March 11, 2021, the President of the United States signed into law the American

Rescue Plan Act of 2021 (ARPA), Pub. L. No. 117-2. This law provides resources through the
new Coronavirus Local Fiscal Recovery Fund (CLFRF) to local governments to respond to
the public health emergency caused by the Coronavirus Disease (COVID-19).

The American Rescue Plan (ARP) Act of 2021 is a historic $1.9 trillion economic stimulus
bill. Within the ARPA, the Coronavirus Local Fiscal Recovery Fund provides $350 billion

for states, municipalities, counties, tribes, and territories, including $65.1 billion for cities
throughout the U.S.

According to those estimates, state government aid for New Hampshire totals just over
$994,555,870 with $85,981,000 for the 5 communities that receive direct Community
Development Block Grant awards and a total of nearly $112.0 million for the state's other
226 municipalities (representing approximately 99% participation in the program)

Page Image
Board Of Aldermen - Minutes - 9/8/2021 - P17

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