Latest Guidance on Tribal Funding Under ARPA Released by Treasury
Wesley R. Benally, CPA | May 14, 2021
Following the approval of the American Rescue Plan Act (ARPA) in March 2021, the U.S. Department of the Treasury has now issued Interim Guidance on the distribution of Coronavirus State and Local Fiscal Recovery Funds (31 CFR Part 35). These funds are intended to help state, local, and tribal governments address economic impacts caused by the pandemic and assist with their recovery.
To help ensure that Tribes receive their full measure of the $20 Billion allocated specifically to tribal governments (and meet all associated compliance rules), we are providing a summary of 31 CFR Part 35, at the link below, that outlines the allocation methods, eligibility rules, and other important guidance that apply to Indian Country.
For an earlier Overview of Tribal Funding Under ARPA provided by REDW on April 5, click here.
REDW is committed to keeping you informed at all times, and especially through the impacts of the COVID-19 pandemic. Stay connected with us on LinkedIn and @REDWLLC on Twitter. Access some of our other updates on our COVID-19 Resource Hub.