National Membership Call: Overview of U.S. Treasury New Guidance for ARPA Flexibility

On August 10, the U.S. Department of Treasury (Treasury) released their Interim Final Rule (IFR) for the bipartisan State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act (i.e. Cornyn/Padilla Amendment) that allows counties to invest American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Fund (SLFRF) dollars more flexibly towards new transportation and infrastructure projects, relief from natural disasters and eligible projects under the Community, Development Block Grant (CDBG) program. Join NACo for an overview of Treasury’s IFR and new eligible uses for SLFRF.