City Of Albany: City Of Albany Provides American Rescue Plan Act (ARPA) Funding Update

Albany NY

07 March, 2022

3:14 PM

Description

Press release from the City of Albany: March 7, 2022 Contact: David Galin  ALBANY, NY – The City of Albany American Rescue Plan Act (ARPA) Leadership Team is excited to announce the City received 147 proposals from the community totaling $141 million in requests for $25 million of the City's ARPA funding by the pre-application deadline of Tuesday, March 1. Of the 147 proposals totaling $141 million in requests: Nearly 52% of all applications were submitted by non-profit organizations, 16.5% were submitted by businesses/for-profits, 23.8% were submitted by City of Albany Departments, and 7.8% were submitted by other types of entities. More than 88% of applicants expressed an interest in being connected with partners – one of the core principles for the City's ARPA Funding laid out by the City's COVID Recovery Task Force. 47% of applications included identified partnerships, and 40% of the business/for-profit applicants self-identified as MWBE. It is clear businesses, non-profits, and other organizations are coming together to support the City of Albany. Based on the outpouring of applications received and the Leadership Team's continued mission to both meet the deep community need and get the funding into Albany's neighborhoods as quickly as possible, the City of Albany has announced the following application process changes: A cross-section of community and civic leaders will review the proposals and provide feedback to the City's ARPA Leadership Team. The Leadership Team will review the proposals and feedback from the community and civic leaders and invite select proposals to submit full applications for further review. Proposals will be scored on a variety of criteria, including equity, collaboration, and sustainability. If you would like to be involved in the evaluation process, the City of Albany is still seeking volunteers to help grade and interview applicants. Anyone interested in applying should visit www.AlbanyForAll.com to sign up no later than Friday, March 11, 2022. This press release was produced by the City of Albany. The views expressed here are the author's own.