Treasury Dept. sends COVID-19 relief money to localities
Western Tidewater localities will receive more than $40 million among Virginia’s nearly $7.2 billion as part of the American Rescue Plan Act’s coronavirus state fiscal recovery fund.
The Virginia state government will get nearly $4.3 billion, with an additional $2.9 billion going to local governments. The money will help with revenue losses, helping with public infrastructure and helping those hurt by the coronavirus pandemic.
Among Western Tidewater localities, Isle of Wight County will receive just over $7.2 million, Surry County $1.2 million, Southampton County $3.4 million, Franklin $1.5 million and Suffolk more than $30 million.
“We welcome the $7.2 billion in relief for Virginia and are pleased the Biden Administration has listened to our calls to give states, localities and tribes significant flexibility in determining how best to use these emergency funds,” Sens. Tim Kaine and Mark Warner said in a joint statement. “These funds will allow the commonwealth and localities to recover from the economic harm of COVID, promote public health, invest in broadband, make up for lost revenue and address many of the other impacts of the pandemic. We will keep working with the commonwealth and local governments to ensure Virginians receive this much-needed relief.”
The allocations for non-entitlement local governments — generally those with populations of less than 50,000 people — are expected to be released soon and provide an additional $633 million in relief to state cities and towns.
Tribal governments will receive money after submitting requests for funding to the Treasury Department. The fund will provide $20 million to support tribes.
Eligible state, metropolitan city and county governments can now request their allocations through the Treasury Department’s submission portal.