We are urging all our residents and business owners to participate in a survey prepared by City Councilmember David Mann’s office so that you can provide your input on Cincinnati Stimulus Funding. $291 million dollars is coming to our City. City Council will decide how these dollars are spent during May and June this year.
The American Rescue Plan Act of 2021 (“ARP”) was signed by President Joe Biden on March 11, 2021. This program will provide significant stimulus and recovery funding to local governments throughout the United States. Cincinnati is receiving about $291 million which will come in two equal parts. The first half is expected early in May and the second half a year later. All funds are required to be spent by the end of 2024.
Detailed guidance for use of this money has not yet been released by the federal government though general parameters are known.
This infusion of funds represents a historic opportunity for our City.