Recovery Office Initiatives
On March 11, 2021, Congress enacted the American Rescue Plan Act (ARPA), which established a new $350 billion Coronavirus State and Local Fiscal Recovery Fund (SLFRF) for state, local, territorial, and Tribal governments to support immediate pandemic response, address economic fallout, and lay the foundation for a strong and equitable recovery.
From this allocation, Montgomery County will receive approximately $161.4 million in funding. Such funds will be called the Pandemic Recovery Funds. Funds must be obligated by December 31, 2024, and expended by December 21, 2026.
The stated purpose of the ARPA SLFRF funding is to “provide needed relief to state, local, and Tribal governments to enable them to continue to support the public health response and lay the foundation for a strong and equitable economic recovery. In addition to helping these governments address the revenue losses they have experienced as a result of the crisis, it will help them cover the costs incurred due to responding to the public health emergency and provide support for a recovery – including through assistance to households, small businesses and nonprofits, aid to impacted industries, and support for essential workers. It will also provide resources for state, local, and Tribal governments to invest in infrastructure, including water, sewer, and broadband services.”
Currently, the Montgomery County Recovery Office is solely focused on managing the Pandemic Recovery Funds, which total $161,395,498. However, the Recovery Office may also handle any future funding received from Federal or State sources for the County's recovery.