Webinar: Making the Most of Your Tribe’s ARPA Funds
Now that Tribes have received their American Rescue Plan Act (ARPA) funding, they need to figure out how best to spend it in the time allotted. Stash it away in the bank or invest it? And what about inflation and FDIC insurance?
With so many factors to consider, Tribes looking for helpful guidance can tune into this complimentary, 30-minute webinar from REDW Wealth Principal Paul Madrid.
Paul provides a high-level overview of the unique issues your Tribe may be facing with its ARPA and CARES Act funds; thoughts on why and when you may want to invest the money to maximize the benefit to your Tribe; and discuss your investment options and restrictions.
Please note that, in response to a question raised by a participant, Paul did further research and has issued a correction to slide #19, as follows: Interest earned on investments is not subject to program restrictions and can be used to defray administrative expenses. Please refer to Treasury Guidance as of July 19, 2021.
- Presentation Slides (PDF) – contains the correction to slide #19
- Guidance on Tribal Funding Under ARPA Released by Treasury
|Paul Madrid, CFA®, CFP®, AIFA®
Principal, REDW Wealth
As the Principal at the head of REDW Wealth, Paul Madrid acts as an investment consultant with nonprofits and Native American tribes, providing investment management services, assistance with investment policies, asset allocation design, reviews of investment providers, and trainings on investments and fiduciary responsibilities.