Number
210268
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. HAMILTON, JOHNSON, MURPHY AND COGGS
Title
Substitute resolution authorizing acceptance of an American Rescue Plan Act grant and allocating $3.8 million to fund the Earn and Learn Program.
Analysis
This resolution authorizes the Department of Administration to accept funding from the U.S. Department of the Treasury for an American Rescue Plan Act grant in the amount of $197,113,324.50 and allocates $3.8 million to the Department of Administration for the Earn and Learn Program.
Body
Whereas, The Department of Administration received approval from the Mayor to apply for the American Rescue Plan Act grant from the United States Department of the Treasury; and
Whereas, The American Rescue Plan Act (ARPA) grant is scheduled to operate from March 3, 2021 to December 31, 2024 and is anticipated to provide approximately $394,226,649 to the City of Milwaukee through the Local Fiscal Recovery Fund (LFRF); and
Whereas, The City has received the initial LFRF grant award of $197,113,324.50, of which the full amount is provided by the grantor, with $0 provided by the City; and
Whereas, The LFRF provides substantial flexibility for the City of Milwaukee to provide a foundation for a strong and equitable recovery from the COVID-19 pandemic; and
Whereas, The LFRF can be used to support COVID-19 and other public health response efforts, replace lost public sector revenue and support local public services, support economic stabilization for households and businesses, make necessary investments in water, sewer and broadband infrastructure, and address public health, economic and educational disparities; and
Whereas, The Earn and Learn Program aligns with the intent and priorities of ARPA, including serving as a neighborhood stabilization effort for underserved communities and providing employment opportunities for those who have been most adversely affected by COVID-19; and
Whereas, Earn and Learn has estab...
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