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American Rescue Plan Funding Portal Open
 
Dear ISAC members,
 
The long awaited U.S. Treasury guidelines to receive funding from the American Rescue Plan have now been released. Below is information that has been provided by the National Association of Counties that provides a link to the portal to receive the funding along with other links with further guidelines. Please note also there will be two briefings on this today that ISAC members can participate in with the first at 3:00 pm and the second at 5:45 pm. Click on the registration links to tune in to either one. As you review the materials, as always don’t hesitate to reach out with any questions.

Please see below for NACo’s alert on the U.S. Treasury’s official launch of the Coronavirus State and Local Fiscal Recovery Fund. Key items include:
  1. The U.S. Treasury opened the portal for counties to request Fiscal Recovery Funds. To access the portal and apply for funds, click here.
  2. To read the U.S. Treasury’s 151 page interim rule on the Fiscal Recovery Fund, click here.
  3. To access U.S. Treasury’s main landing page for the Fiscal Recovery Fund, click here.
  4. For the U.S. Treasury’s quick reference fact sheet on the Fiscal Recovery Fund, click here.
  5. Today, the U.S. Treasury and the White House Office of Intergovernmental Affairs will host two identical 30-minute introductory briefings on the new guidance. The briefings will be held today, May 10, at 4:00 p.m. EDT (register here) and 6:45 p.m. EDT (register here).
Access the Guidance
Access the Portal
View NACO's Statement
NACo Press Release:
 
TREASURY OPENS PORTAL FOR COUNTIES TO RECEIVE FISCAL RECOVERY FUNDS
JOIN TREASURY FOR A BRIEFING ON THE NEW GUIDANCE TODAY AT 4:00 P.M. EDT OR 6:45 P.M. EDT
Today, the U.S. Department of Treasury released guidance on the State and Local Coronavirus Fiscal Recovery Fund (Recovery Fund), part of the American Rescue Plan Act. The bill includes $65.1 billion in direct, flexible aid to every county in America, as well as other crucial investments in local communities. Additionally, the U.S. Treasury opened the new portal that counties must complete to receive Fiscal Recovery Funds.

Today, the U.S. Treasury and the White House Office of Intergovernmental Affairs will host two identical 30-minute introductory briefings on the new guidance. The briefings will be held today, May 10, at 4:00 p.m. EDT (register here) and 6:45 p.m. EDT (register here).

Since the package was signed into law, NACo has been supporting the U.S. Treasury’s efforts to successfully implement the Recovery Fund. Included in the guidance is the flexibility to use Recovery Funds to invest in broadband infrastructure, services and programs to contain and mitigate the spread of COVID-19, including capital investments in public facilities, investments in housing and neighborhoods and other guidance counties advocated for. 

NACo will release an in-depth analysis of Treasury’s new guidance in the coming days. 
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Iowa State Association of Counties (ISAC)
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Phone | 515.244.7181
www.iowacounties.org

This notice is being sent to all auditors, supervisors, and the ISAC ARP workgroup members.








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