Item:
Title
ARPA Update (45min)
Body
Date of BOCC Meeting: February 5, 2024
Request for Board Action:
Agenda Text
The Board will receive an update on the American Rescue Plan Act (ARPA) funds. The American Rescue Plan will deliver $350 billion for state, local, territorial, and Tribal governments to respond to the COVID-19 emergency. Durham County received $62,445,275. ARPA funds can support several priorities including a public health response due to COVID-19, address negative economic impacts, replace public sector revenue loss, and fund premium pay for essential workers. Funding use can also address water, sewer, and broadband infrastructure and other priorities as identified in the US Treasury Final rule. Funding must be encumbered by 2024, with all invoices paid by 2026.
Staff will share updates on potential approaches to support affordable housing using ARPA and local funding.
Alignment with Strategic Plan: Goal 1: Community Empowerment and Enrichment; Goal 2: Health and Well Being for All; Goal 3: Safe Community; Goal 4: Environmental Stewardship & Community Prosperity; Goal 5, Accountable, Efficient and Visionary Government.
Resource Persons: Claudia Hager, Deputy County Manager; Jay Gibson, Director of Engineering Director; Peri Manns, Deputy Director of Engineering; Christy Raulli, Project Manager and John Froehlich, Self Help Credit Union
County Manager’s Recommendation: The County Manager recommends that the Board of County Commissioners receive the report.
Signature