Nebraska seeking applicants for $700 million in ARPA grants

LINCOLN, Neb. (Nebraska Examiner) — The State of Nebraska is searching for candidates for greater than $700 million value of grants to assist the state and native economies get well from the COVID-19 pandemic.

Nebraska obtained $1.04 billion from the American Rescue Plan Act (ARPA), and the Nebraska Division of Financial Improvement was charged with distributing $723 million of these funds for issues resembling enterprise growth, entrepreneurship, internships, crime prevention and reasonably priced housing.

On Tuesday, the DED introduced it should open purposes for the primary spherical of applications in September, with further funding alternatives persevering with via the autumn of 2024.

Funds allotted by way of ARPA, an initiative of the Biden administration, should be expended by 2026.

“The State is devoted to utilizing federal ARPA funds to strengthen Nebraska,” stated Gov. Pete Ricketts in a press launch. “Our purpose is to allocate out there funds effectively, pretty and transparently for the utmost advantage of Nebraskans.”

DED has already awarded about $115 million in so-called “shovel-ready” tasks by nonprofits that have been disrupted by the pandemic.

To be taught extra in regards to the applications and join ongoing updates, go to the state’s Financial Restoration Program’s web page at alternative.nebraska.gov/applications/restoration.

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