On March 11, 2021, President Biden signed the $1.9 trillion American Rescue Plan (ARP) into law. The legislation represents a historic intervention and a fitting response to the devastating impact of the global COVID-19 crisis. The ARP builds upon certain provisions in the CARES Act and the December Coronavirus Response and Relief Supplemental Appropriations Act (CCRRSA), and often does so on a larger scale. The law also includes new initiatives that will reach some of the most vulnerable communities and businesses excluded from prior funding packages. In doing so, the law strives not only to limit the damage from 2020, but to equip cities and towns with tools necessary to start building a stronger and more equitable future over the next decade. In 2009, the American Recovery and Reinvestment Act set the tone for the recovery from the Great Recession. Today, cities must use Rescue Plan funds to shape their communities for years to come.
Metrics
5 File views/ downloads
4 Record Views
Details
Title
American Rescue Plan: Federal Investment Guide
Creators
United States Conference of Mayors (Institution)
Accelerator for America (Institution)
Mastercard Center for Inclusive Growth (Institution)
Nowak Metro Finance Lab (Institution)
Publisher
Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
Number of pages
71
Resource Type
Report
Language
English
Academic Unit
Nowak Metro Finance Lab
Other Identifier
991021902031304721
Research Home Page
Browse by research and academic units
Learn about the ETD submission process at Drexel
Learn about the Libraries’ research data management services