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Graham projected to receive $1.8 million from American Rescue Plan allocation

Fri, 04/02/2021 - 11:48 am
editor@grahamleader.com

The city of Graham announced this week it is projected to receive around $1.88 million from the American Rescue Plan which was passed by congress in March to address those impacted by COVID-19.

ARP provides funding for agriculture and nutrition programs, COVID-19 vaccinations, small business assistance, health care providers in rural areas, extends unemployment benefits and makes student loan forgiveness tax-free through 2025, along with other provisions.

According to documentation provided to the city by GrantWorks, the American Rescue Plan Act of 2021 will be providing $27.6 billion to the state of Texas, with the government receiving $17.2 billion, 254 counties receiving $5.7 billion and more than 1,100 cities receiving the dividends of $4.7 billion. The city of Graham is projected to receive $1,879,931 with the first allotment of funds coming within the next 30 to 45 days. The second half of the funding is expected to be given to the city a year later.

For the rest of the story, see the April 3 edition of The Graham Leader.