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MEDIA CONTACT: JACE RADKE | 702.229.2205 | 702.249.3514 | jradke@lasvegasnevada.gov
City Council Awards More Than $121 Million
In American Rescue Plan Act Funds
Affordable Housing, Nonprofits, Businesses And Pandemic Response Seen As Priorities
The Las Vegas City Council today voted to award $121,070,000 in American Rescue Plan Act funding. The funds were divided into four categories, with 20 percent going toward affordable housing projects, 20 percent to businesses, 20 percent to pandemic response and 40 percent to nonprofit organizations.
In 2021, the city received $131 million in American Rescue Plan funds that must be spent by Dec. 31, 2024. The majority of those funds have now been awarded with more than $9 million held in reserve. The reserve funds will be available should COVID-19 make a resurgence and added resources are needed to address the situation. If the funds are not used, then those organizations not receiving funding this time will have the opportunity to reapply.
To see a complete list of those who have been approved for funding visit www.lasvegasnevada.gov/ARP.
The city established a systematic approach for evaluation of project proposals and distribution of funding into the community. Through the pre-application submission process applicants demonstrated how funding would help to address those most affected by the pandemic. The city established a committee to review and evaluate all pre-applications and to provide assurance the request is in compliance with the U.S. Department of the Treasury guidelines and is an appropriate eligible use. The review committee also considered how quickly an organization is able to get the funds to those in need.
Based on the reviews, the committee made recommendations on projects that provide the most positive impacts on the community and those affected. Those recommendations were presented to the City Council and approved at today’s meeting.
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