
Department of the Treasury Interim Guidance Concerning Compliance Form
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People also ask
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Are ARPA funds still available?
The American Rescue Plan Act specifies eligible costs incurred between March 3, 2021 and December 31, 2024. The California 2021-22 Budget Act, as amended by Chapter 2 of the Statutes of 2022, included language to allow time to reallocate unspent funds and provide some additional flexibility on timing.
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Who received American Rescue Plan funds?
State Fiscal Recovery Fund. States will receive a total of $195.3 billion in aid, of which $25.5 billion will be split evenly between states and the District of Columbia. Tribal governments will receive $20 billion in payments and U.S. territories will receive $4.5 billion in payments.
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Who gets money from the American Rescue Plan?
Overview. The American Rescue Plan, signed into law on March 2021, provides $350 billion in funding for state and local governments to build an equitable economic recovery from the devastating economic effects caused by the COVID-19 pandemic.
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What does the Department of Treasury enforce?
Advising on domestic and international financial, monetary, economic, trade and tax policy; Enforcing Federal finance and tax laws; Investigating and prosecuting tax evaders, counterfeiters, and forgers.
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What are cities doing with ARPA funds?
Municipalities are granted flexibility in choosing how they will spend their ARPA funds. As outlined in the Final Rule, funding must fit into one of the following categories: Responding to the public health and negative economic impacts of the pandemic. Providing premium pay to essential workers.
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Who is eligible for ARPA funds?
Providers and contractors must be either licensed, registered, certified, and/or regulated on or before March 11, 2021, OR must meet CCDF health and safety requirements, including the completion of comprehensive background checks at the time of application to qualify for ARPA funding.
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How do you qualify for ARP?
Qualified Populations Qualifying Populations for HOME-ARP funds include individuals and families who are: Experiencing homelessness. At risk of becoming homeless. Fleeing or attempting to flee domestic violence, dating violence, sexual assault, stalking or human trafficking.
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What is an acceptable use of ARPA funds?
If possible, OCVS recommends using ARPA funds for items that do not require additional reporting such as rent, utilities, office supplies, program supplies, Osnium, etc. ❖ OCVS will share any and all information about ARPA tracking as it becomes available from the federal government.
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