On March 11, 2021, President Joseph R. Biden signed the $1.9 trillion American Rescue Plan Act of 2021 (ARPA). ARPA is an ambitious initiative to stimulate the American economy, support residents, and curb the spread of the COVID-19 virus. As we navigate through the COVID-19 pandemic and rebuild our local economy, ARPA will provide some much-needed relief to American families and businesses, including those right here in Ferguson.
Funding from the Coronavirus State and Local Fiscal Recovery Funds is subject to the requirements specified in the Interim Final Rule adopted by Treasury on May 10, 2021. Eligible state, territorial, metropolitan city, county, Tribal governments, and non-entitlement units are required to meet compliance and reporting responsibilities, as defined in the Interim Final Rule.