City Council Votes on $124 million in Federal Stimulus Funds

May 11, 2022 | 0 comments

May 11, 2022



Parker Gavigan, Director of Communications

Investments in housing, infrastructure, businesses, and neighborhoods

Providence, RI – Tonight, the Providence City Council voted to approve the first passage of a $124 million American Rescue Plan Act (ARPA) ordinance that will fund significant long-term investments in the city. Those investments include funding for housing, water/sewer and broadband infrastructure, parks and recreation centers, tourism, travel, and hospitality, as well as economic relief for businesses and organizations hardest hit by the COVID-19 pandemic. “I want to thank my council colleagues and Finance Committee Chairwoman Jo-Ann Ryan for vetting this critical budget. We have invested heavily in housing, our parks, and neighborhood recreation centers,” said Council President John Igliozzi. “Tracking these federal dollars remains an important priority of the Council. That’s why an independent auditor will monitor and report all expenses.” The ARPA ordinance will require a second passage vote next week.

ARPA Ordinance Summary

Investment in Housing

$30.7 million

Investment in Water, Sewer, Broadband and Infrastructure

$20 million

Investments in Community and Social Disparities

$24.3 million

Speeding the Recover of the Tourism, Travel & Hospitality Sectors

$6.2 million

Economic Stabilization-Business

$2.7 million

Revenue Recovery

$36.7 million

Administration expenditures/audit ($300,000)

$3 million

Total = $123,769,438

The ARPA ordinance covers a period of January 6, 2022, through December 31, 2024. A detailed copy of the ordinance can be found here.



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