Trending...
- Colorado: Governor Polis Meets with Small Business Owners, Discusses Devastating Impact of Trump Tariffs on Businesses and Coloradans
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year
- Statement from Colorado Springs City Council on Mayor Mobolade's veto of the Recreational Marijuana Sales Tax Ordinance No. 25-59
COLORADO SPRINGS - The City of Colorado Springs has received an allocation of $76,039,132 in American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Funds to support COVID-19 pandemic response and recovery efforts in the city. The breakdown was presented to City Council again today.
According to the allocation rules, funds can be used to support public health expenditures, address negative economic impacts caused by the public health emergency, replace lost public sector revenue, provide premium pay for essential workers, and invest in water, sewer, and broadband infrastructure.
The City's plan for use of these funds was developed through a combination of community input, the City's strategic plan, input from key stakeholders, as well as identified priorities of City leadership. The plan promotes a broad response to the pandemic and economic recovery, incorporating support for new and existing businesses, populations of citizens disproportionally impacted by the pandemic including children, families, and seniors, community public health and safety, and other community-wide benefits
City staff developed a comprehensive list of projects and programs reflective of the priorities identified in this plan, coupled with the goals, objectives, and compliance requirements identified in the State and Local Fiscal Recovery Fund interim final rule.
More on Colorado Desk
Of the city's funding, nearly $28M is going to essential government services to include delayed capital improvement projects while nearly $27M is being directed to infrastructure. $13M was dedicated to economic recovery, to include assistance to local businesses. The full breakdown was presented today and can be found here.
A key area of interest, $17M of new federal funding is directed to affordable and low-income housing assistance locally. This figure includes $11M in Rental Assistance from the U.S. Treasury, plus $6M in HOME funds from HUD. This funding comes in addition to CARES rental assistance granted earlier this summer. The City asks those in need of assistance to contact 2-1-1 for assistance in filing an application. Funds are available and the City is ready to help those in need.
Today marked the third time City staff presented the plan to the City Council. Other presentations were made at the annual Mayor/City Council retreat held on June 10, at the City Council Work Sessions held on July 12 and September 13, 2021.
To view today's presentations in full, visit https://coloradosprings.legistar.com/View.ashx?M=F&ID=9791609&GUID=4DFF7...
According to the allocation rules, funds can be used to support public health expenditures, address negative economic impacts caused by the public health emergency, replace lost public sector revenue, provide premium pay for essential workers, and invest in water, sewer, and broadband infrastructure.
The City's plan for use of these funds was developed through a combination of community input, the City's strategic plan, input from key stakeholders, as well as identified priorities of City leadership. The plan promotes a broad response to the pandemic and economic recovery, incorporating support for new and existing businesses, populations of citizens disproportionally impacted by the pandemic including children, families, and seniors, community public health and safety, and other community-wide benefits
City staff developed a comprehensive list of projects and programs reflective of the priorities identified in this plan, coupled with the goals, objectives, and compliance requirements identified in the State and Local Fiscal Recovery Fund interim final rule.
More on Colorado Desk
- USA Batteries: Powering Your Devices with Reliable, Affordable Solutions Since 2009
- Colorado: Governor Polis, Governors Call on Department of Education Not to Rip Funding Away from American Students and Educators
- Exelon Leader Tamla Olivier Named 2025 Technologist of the Year by Waves of Change STEM Conference
- Be Part of the World's Largest Art Biennale | Moons, Castles, Trees | Copenhagen Chronotopes
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape
Of the city's funding, nearly $28M is going to essential government services to include delayed capital improvement projects while nearly $27M is being directed to infrastructure. $13M was dedicated to economic recovery, to include assistance to local businesses. The full breakdown was presented today and can be found here.
A key area of interest, $17M of new federal funding is directed to affordable and low-income housing assistance locally. This figure includes $11M in Rental Assistance from the U.S. Treasury, plus $6M in HOME funds from HUD. This funding comes in addition to CARES rental assistance granted earlier this summer. The City asks those in need of assistance to contact 2-1-1 for assistance in filing an application. Funds are available and the City is ready to help those in need.
Today marked the third time City staff presented the plan to the City Council. Other presentations were made at the annual Mayor/City Council retreat held on June 10, at the City Council Work Sessions held on July 12 and September 13, 2021.
To view today's presentations in full, visit https://coloradosprings.legistar.com/View.ashx?M=F&ID=9791609&GUID=4DFF7...
0 Comments
Latest on Colorado Desk
- Patrick Finney Lists Modern LoHi Condo for Sale in Denver – $379,000
- Denver Realtor Patrick Finney Lists Renovated Littleton Townhome for Sale
- Colorado: Polis Administration Launches Program to Support Thriving Rail Lines in Coal Transition Communities
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- Construction Camps Give Teen Girls Tools, Confidence, and Career Insight
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
- Executive Travel and Brown Bacon AI Partner to Revolutionize Travel AI Solutions
- New Global Nonprofit Launches to Support Patients Living with Rare Lung Disease
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- Mend Colorado Delivers World-Class Physical Therapy to Lafayette, Offering a Faster Path to Pain Relief
- Nonprofit innovator named Mensa Executive Director
- Yasmine Roulleau named Managing Director in Vancouver, Canada
- Colorado: Governor Polis Releases Statement on Meritless Lawsuit Over South Platte Compact
- Chasing Elizabeth Taylor — The Dazzling True Story Behind the Queen of Diamonds Now Available in Limited-Edition Hardcover
- $53 Million Company Valuation Investment with Majority Acquisition Option, Plus New Stock CUSIP Supporting Brand Transition of Fan Engagement Company
- $14M Deal with Famed David Lloyd for Sports, Entertainment & Gaming, AI Powered Fan Engagement Company; New Stock CUSIP; Creating Shareholder Value
- Disposable Vape Ban Spurs Hayati Innovation
- Prolific Hollywood "Unknown Actor" Leads 11 Day SoCal, Hands-On, Performer Employment Securing Residency that Shows Others How to Get More Work
- Dr. Harmon Completes Prestigious Zygomatic Implant Residency in Brazil