US
Background and History
The U.S. Treasury Department announced that Nashua will receive $16,138,777 in federal
funding as part of the American Rescue Plan Act.
° $1.2 million is needed for FY ‘22 revenue replacement -&- $500K for Back-Up Servers
¢ Approximately $14,438,777 available
§ In addition, Hillsborough County will receive Approximately $81.0 million indirect funding
¢ How is this money being used?
¢ Efforts Are Underway to Better understand the County’s priorities
¢ This is a very important available funding source that should be monitored
§ The U.S. Treasury also released the Interim Final Rule (IFR) for the program that sets forth
eligible uses for funding, which includes responding to acute pandemic-response needs, filling
revenue shortfalls, and supporting the communities and populations hardest-hit by COVID-
19.
