We now know which local organizations and projects may be receiving the first round of funding from the American Rescue Plan Act. Find out some of the types of projects that may be funded as well as next steps in the process.
Transcript: We now know which local organizations and projects may be receiving the first round of funding from the American Rescue Plan Act. We received nearly $52 million from the act to help offset revenue losses resulting from the pandemic, as well as to fund other community needs. During a meeting on May 18, the City Council heard public comments regarding the submitted proposals. They determined that 34 organizations and projects recommended by staff have the potential to receive 70 percent of their request up to a maximum of $1 million. Some of the types of projects that could be funded include eviction debt assistance, re-entry housing support, digital literacy training and computers, affordable housing, digital equity, business equity, and multiple youth programs. The City Council had already approved spending $7.3 million of the funding for hazard pay for our employees. There is approximately $22 million left to be allocated, and the process for how that will happen is still being determined. Our staff is now beginning the contracting process and reviewing the scope of work for each project more closely to ensure that they meet the U.S. Treasury Department rules to use the funding. All funds must be allocated by the end of 2024 and spent by recipients by the end of 2026. More information about our American Rescue Plan funding can be found at Durham NC dot gov slash 4529.