In April 2021, the Nowak Metro Finance Lab and Accelerator for America released the Federal Investment Guide to the American Rescue Plan (ARPA). The guide broke down The Biden Administration’s COVID relief package from a “bottom-up” perspective: summarizing over 84 individual programs, flowing from 19 federal agencies and through seven different distribution channels. Our goal was to help local leaders identify different sources of ARPA funding and begin strategizing how to put them to productive uses. Ultimately, our hope is that local leaders can put ARPA funds toward driving equity and inclusion in the recovery. ARPA makes great strides in cutting poverty through expanding the federal safety net, and with additional market-making funds in the bill we see a tremendous opportunity for local leaders to build community wealth in the recovery ––especially for neighborhoods and communities hardest-hit by the pandemic.
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Details
Title
Localizing and Sequencing the American Rescue Plan Act: Estimating the Impact in Philadelphia
Creators
Bruce J Katz - Drexel University, Lindy Institute for Urban Innovation
Colin Higgins - Drexel University
Karyn Lois Bruggeman - Drexel University, Lindy Institute for Urban Innovation
Publisher
Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
Number of pages
17
Resource Type
Report
Language
English
Academic Unit
Nowak Metro Finance Lab; Lindy Institute for Urban Innovation
Other Identifier
991021902315204721
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