American Rescue Plan Act Budget Amendment for an Atlantic coast state was introducing at the city council meeting on Monday night.
American Rescue Plan Act Funding and its Allocation
In fact, the meeting has outlined the proposed allocation of $77.5 million from the federal government. The first half of the total $155 million funding is allotting to the city under the plan.
Therefore, the final spending plan was agreeing upon between the city administration and the city council. Since the plan is a budget amendment, it, therefore, cannot be amending.
“Moreover, this final plan does represent a blueprint for building back better. Also, a stronger through strategic, intentional, and equitable investments which do deliver on the promise of a quality of life our residents want, need, and deserve,” said Mayor Levar M. Stoney.
Overall Spending Proposal
The $32 million is to build back is calling affordable and healthy homes. Moreover, it would include $20 million for the Affordable Housing Trust Fund. Thus meeting the goal was established in the Equity Agenda and supported by City Council four years ahead of schedule.
Plus, $5 million for a Health Equity Fund. It is managing by the Richmond City Health District through an MOU with the city. In fact, the fund is going to support the continuing COVID-19 response, maternal and infant health, food access, mental and behavioral health, and more.
There is $80 million which is invested in children and families. The residents’ top priority in the first round of public engagement with $2 million for childcare. Plus $78 million for funding community centers that include T.B. Smith Community Center, Southside Community Center, Calhoun Center, and a new center on the present site of Lucks Field.
Moreover, this plan does also includes $19 million set aside for planning and addressing the climate and environmental challenges that exist in the city, as well as an $8.5 million investment in public safety and $5.9 million in economic supports.
Moreover, the city has reached out to 1,300 individuals for feedback on the draft plan from September 2021 to October 4, 2021.