How Treasury’s Implementation of American Rescue Plan Programs Prioritizes Equity
The American Rescue Plan (ARP) represents a historic commitment to support those most impacted by COVID-19. While the legislation itself embodied this commitment in numerous ways, the key to the success of the ARP’s programs lies in their implementation. The Department of the Treasury’s Office of Recovery Programs has worked closely with the White House and across federal agencies to execute a coordinated strategy to support people in underserved communities across the country. In recognition of the disproportionate impact of the pandemic on Tribal communities and their challenges regarding lack of access to reliable and fast broadband, Treasury has implemented increased training assistance on use of funds and reporting to support Tribal government compliance. The Capital Projects Fund is providing $10 billion to eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, with a focus on expanding access to and affordability of broadband services. These investments, which are beginning in 2022, represent the first phase of the Administration’s comprehensive approach to improving broadband access across the country, work that will especially help rural and low-income communities access new economic opportunities.
FACT SHEET: How Treasury’s Implementation of American Rescue Plan Programs Prioritizes Equity