May 11, 2022
PRESS RELEASE
Contact:
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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