On March 11, 2021 the American Rescue Plan Act was signed into law, and established the Coronavirus State Fiscal Recovery Fund and Coronavirus Local Fiscal Recovery Funds, which together make up the Coronavirus State and Local Fiscal Recovery Funds (“SLFRF”) program. This program is intended to provide support to State, territorial, local, and Tribal governments in responding to the economic and public health impacts of COVID-19 and in their efforts to contain impacts on their communities, residents, and businesses.
Eddy County has approved $1 million of American Rescue Plan Act (ARPA) funding to be used to address the negative economic impacts caused by the public health emergency, which includes harm to small businesses and non-profits. Grants will be up to $40,000 each but no more than a single business or non-profit loss due to the pandemic. ARPA funds can only be used to reimburse the costs of business interruption caused by required closures, revenue loss or implementation of new safety measures provided those costs were not paid by insurance or by another federal, state, or local program.
Both small businesses and non-profits in this grant program will be considered beneficiaries of
Download the eligibility and submission information here.
Download the application here.