x

Politics

Maloney: NY Will Soon Receive American Rescue Plan State & Local Recovery Funds

WASHINGTON, DC – On May 13, Congresswoman Carolyn B. Maloney (D-NY), Chairwoman of the Committee on Oversight and Reform, announced that the Treasury Department will begin releasing Coronavirus State and Local Fiscal Recovery Funds to New York provided by the American Rescue Plan. As Chair of the Committee of Oversight and Reform, Congresswoman Maloney oversaw the provisions of the American Rescue Plan to provide these funds.

“Over the last year, COVID-19 has devastated families and communities across the nation and here at home in New York,” said Rep. Maloney. “The State and Local Fiscal Recovery Funds provided in the American Rescue Plan will send $12.7 billion to the State and $5.9 billion to the City to help us build back better. These funds will help us continue getting vaccine shots in arms, upgrade school safety, provide mental health services, help struggling families and small businesses, and support an equitable recovery for our hardest-hit communities.”

Background

The Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility to meet local needs. Through this program, New York State will receive $12,744,981,589 and New York City will receive $5,878,895,712. In addition to allowing for flexible spending up to the level of their revenue loss, cities, states, and localities can use funds to:

Support public health expenditures;

Address negative economic impacts caused by the public health emergency;

Aid the communities and populations hardest hit by the crisis;

Provide premium pay for essential workers; and

Invest in water, sewer, and broadband infrastructure.

More information from the Department of Treasury is available online: https://home.treasury.gov/news/press-releases/jy0169.

RELATED

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Greek-American Cornell Student Rescues Man on Subway Tracks in the Bronx

NEW YORK – Greek-American Cornell University senior Bryce Demopoulos rescued a man who had fallen on the subway tracks at the Third Avenue-138 Street station on the No.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.