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 Town of Ladysmith Grant in Aid Report on Funding Due on or 2014

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FIVE YEARS. AD: THE FIRST ROUND OF $112 MILLION IN FEDERAL FUNDING FOR NEW HAMPSHIRE'S SMALLER CITIES AND TOWNS IS UP FOR GRABS AND SENATOR JEANNE SHAHEEN IS URGING THOSE COMMUNITIES TO GET CREATIVE IN THEIR APPLICATIONS, WITHIN THE EMERGING GUIDELINES FROM THE U.S. TREASURY. SENATOR SHAHEEN: WE WANT EVERYBODY TO TAKE ADVANTAGE OF THE RESOURCES, BECAUSE WHATEVER YOU DON'T APPLY FOR IS GOING TO GO BACK TO THE STATE AND IT'S GOING TO GET RECOUPED AND IT WON'T BE AVAILABLE NEXT YEAR. ADAM: THE MONEY IS PART OF $15.4 BILLION HEADED TO NEW HAMPSHIRE THROUGH THE AMERICAN RESCUE PLAN ACT. THE STATE IS GETTING ABO A BILLION OF THAT, WITH A 264 MILLION DOLLARS GOING TO THE 10 COUNTIES AND $86 MILLION GOING TO 5 LARGE CITIES. THE FUNDING IS BROADLY INTENDED TO REMEDY THE NEGATIVE ECONOMIC IMPACTS OF THE PANDEMIC, BUT GOES MUCH FURTHER. FOR INSTANCE, WATER INFRASTRUCTURE PROJECTS WILL SEE A FLOOD OF CASH. ROBERT: THAT WOULD BE PIPES IN THE GROUND FOR WATER SYSTEMS,

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