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Coronavirus State and Local Fiscal Recovery Funds allow states to support industries that were particularly hard-hit by the COVID-19 emergency and are now beginning to mend, helping them to address financial challenges caused by the pandemic and to make investments in COVID-19 prevention and mitigation tactics. The Negative Economic Impact grant will aid in speeding the recovery of the tourism, travel, hospitality sectors, as well as other industries.
Coronavirus State and Local Fiscal Recovery Funds allow states to support industries that were particularly hard-hit by the COVID-19 emergency and are now beginning to mend, helping them to address financial challenges caused by the pandemic and to make investments in COVID-19 prevention and mitigation tactics. The Negative Economic Impact grant will aid in speeding the recovery of the tourism, travel, hospitality sectors, as well as other industries.
Coronavirus State and Local Fiscal Recovery Funds may be used to invest in necessary improvements to water and sewer infrastructures, including projects that address the impacts of climate change. Applicants may use this funding to invest in an array of drinking water infrastructure projects, such as building or upgrading facilities and transmission, distribution, and storage systems, including the replacement of lead service lines.
Applicants may also use this funding to invest in wastewater infrastructure projects, including constructing publicly owned treatment infrastructure, managing and treating stormwater or subsurface drainage water, facilitating water reuse, and securing publicly owned treatment works. Treasury’s Interim Final Rule encourages recipients to ensure that water and sewer projects use strong labor standards, including project labor agreements and community benefits agreements that offer wages at or above the prevailing rate and include local hire provisions.