The SLFRF program provides governments across the country with the resources needed to: Show
Treasury has released the Final Rule for the program, which will take effect on April 1, 2022. Recipients and stakeholders are also encouraged to consult the Overview of the Final Rule, which provides a summary of Final Rule provisions for informational purposes, and to visit the Final Rule section below for more details. Use of FundsRecipients may use SLFRF funds to:
The Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility for each jurisdiction to meet local needs within these four separate eligible use categories. Final RuleFunding from the Coronavirus State and Local Fiscal Recovery Funds is subject to the requirements specified in the Final Rule released by Treasury on January 6, 2022. Treasury released an Overview of the Final Rule, which provides a summary of major rule provisions to assist recipients and stakeholders. The Final Rule takes effect on April 1, 2022, though recipients can choose to take advantage of its flexibilities and simplifications now. Recipients may consult the Statement Regarding Compliance with the Coronavirus State and Local Fiscal Recovery Funds Interim Final Rule and Final Rulefor more information on compliance with the Interim Final Rule and the Final Rule. The Final Rule builds on the program’s successes and implementation efforts so far. In May 2021, Treasury published the Interim Final Rule (IFR) to govern eligible and ineligible uses of funds (as well as other program provisions), sought feedback from the public on these program rules, and began to distribute funds. The IFR went immediately into effect in May, and since then, governments have used SLFRF funds to meet their immediate pandemic response needs and to begin building a strong and equitable recovery. As governments began to deploy this funding in their communities, Treasury carefully considered the feedback provided through the public comment process on the Interim Final Rule and in other forums. Treasury received over 1,500 comments, participated in hundreds of meetings, and received correspondence from a wide range of governments and other stakeholders. On January 6, 2022 , Treasury released the Final Rule, which delivers broader flexibility and greater simplicity in the program, responsive to feedback in the comment process. A few core improvements included in Final Rule are:
RESOURCES ON DETERMINING ELIGIBLE USES OF FUNDS UNDER THE FINAL RULEThe Final Rule provides the rule text and supplemental information. The Overview of the Final Rule provides a summary of major rule provisions for informational purposes and is intended as a brief, simplified user guide for recipients and stakeholders. The Final Rule FAQs provide responses to frequently asked questions regarding the use of funds under the Final Rule. The Department of Treasury and the Department of Housing and Urban Development partnered to create the Affordable Housing How-To Guide The purpose of the guide is to assist recipients in implementing their funds for affordable housing. It provides a summary of relevant SLFRF guidance and provides information on ways recipients can combine different sources of federal funds. The Statement Regarding Compliance with the Coronavirus State and Local Fiscal Recovery Funds Interim Final Rule and Final Rule provides guidance on the transition from compliance with the Interim Final Rule to compliance with the Final Rule. Tool for Determining Low and Moderate Income (LMI) Households provides a spreadsheet to assist recipients in determining income thresholds for the Final Rule’s definition of LMI in their jurisdiction and assist with administering the public health and economic response provisions of the Final Rule. The Final Rule webinar and slide presentation provide an introduction and summary of the Final Rule. HOW TO REQUEST FUNDINGEligible state, territorial, metropolitan city, county, and Tribal governments may request their allocation of Coronavirus State and Local Fiscal Recovery Funds through the Treasury Submission Portal. Request Fiscal Recovery Funds RECIPIENT COMPLIANCE AND REPORTINGRecipients are required to comply with Treasury’s Compliance and Reporting Guidance and meet compliance and reporting responsibilities defined in the Final Rule, which includes submitting mandatory periodic reports to Treasury. Recipients’ reporting requirements vary by the type and amount of funds received. Additional Information on Compliance and Reporting 2022 SLFRF Compliance Supplement funding AmountsCongress has allocated Coronavirus State and Local Fiscal Recovery Funds to tens of thousands of eligible state, local, territorial, and Tribal governments. These allocations include:
ALLOCATION INFORMATIONTreasury has published detailed allocation information for the Coronavirus State and Local Fiscal Recovery Funds: Additional information regarding allocations for non-entitlement units and Tribal governments may be found below. Non-Entitlement UnitsThe Coronavirus Local Fiscal Recovery Fund provides $19.53 billion to support non-entitlement units of local government (NEUs), which are local governments typically serving a population under 50,000. Treasury has made payments to states and territories, which are in the process of distributing amounts to eligible NEUs in their jurisdiction in accordance with the guidelines established by Treasury. Additional Information on Non-entitlement Units Tribal GovernmentsThe Coronavirus State Fiscal Recovery Fund provides $20 billion to support Tribal governments. Additional Information for Tribal Governments To protect the privacy of Tribal government information, each Tribal government will receive its allocation amount after submitting its request for funding in the Treasury Submission Portal. TRANCHING OF FUNDSLocal governments will receive funds in two tranches, with 50% provided beginning in May 2021 and the balance delivered approximately 12 months later. States that have experienced a net increase in the unemployment rate of more than 2 percentage points from February 2020 to the latest available data as of the date of certification will receive their full allocation of funds in a single payment; other states will receive funds in two equal tranches. Governments of U.S. territories will receive a single payment. Tribal governments will receive two payments, with the first payment available in May and the second payment, based on employment data, to be delivered in June 2021. More detailed information about funding amounts can be found in the allocation tables above. Additional Information on Split Payments to State Governments FOR MORE INFORMATIONFor general questions about this program, please email . RECEIVE COVID-19 RELIEF UPDATES PROGRAM UPDATESLetter from Deputy Secretary of the Treasury to SLFRF Recipients FACT SHEET: SLFRF Housing Investments Factsheet FACT SHEET: The Impact of the American Rescue Plan after One Year American Rescue Plan State and Local Fiscal Recovery Funds: Project Highlights ARP Anniversary Remarks to the National League of Cities (March 15, 2022) Statement Regarding Compliance with the Coronavirus State and Local Fiscal Recovery Funds Interim Final Rule and Final Rule (January 6, 2022) October Blog Post – Early Data Shows State and Local Government Are Committing Recovery Funds to Build an Equitable Recovery (October 14, 2021) Early Reporting Highlights – Coronavirus State and Local Fiscal Recovery Funds (October 14, 2021) Pre-Award Requirements (April 15, 2021) Statement on State Fiscal Recovery Funds and Tax Conformity (April 7, 2021) |