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HomeMy WebLinkAboutARPA Update 7-29-22**Correction: The Mobile Crisis award amount was incorrect on previous versions of the ARPA update. Summary of ARPA Funding Priorities and Funding Commitments as of July 29, 2022 Program/Project Estimated Funding Range Projects/Amount Funded as of July 29, 2022 Program Highlights Emergent Needs: Direct payments to eligible adults $1M -$1.5M $1.5 million – Johnson Co. Direct Assistance Program Application window closed & pending County review. Over 2,500 applications received. Eviction prevention $1M - $2M Housing repair / relocation $500k - $1.5M $1.2 million (Estimated) – Forest View Relocation Program First round of relocation checks distributed. Individual tenants have begun relocating. Emergency non-profit assistance $500k - $1M $500,000 – Nonprofit Operating Funding Round Application period open & will be accepted through August 16th at noon. Application available via online form. Total Emergent Needs $3 - $6 million $3.2 million Strategic Investments: BIPOC Business Support Infrastructure $4M -$6M Social Service Needs Assessment and Capital Planning + Seed Funding $3M - $6M Affordable Housing Initiatives $2.5M - $6M Mental Health Services $1.5M - $3M $939,082 – Mobile Crisis Expansion Mobile Crisis vehicles purchased & staff hired. Construction completed to renovate physical office & mobile crisis space. Workforce Development $1.5M - $3M Climate Resiliency and Hazard Assessment Planning $500k - $3M Small Business, Arts and Culture and Tourism Investments $1M - $2M $250,000 – Think IC Tourism Recovery Program Think IC has received revenue replacement funds. Recovery grant program TBD. Public Infrastructure and City Revenue Replacement $1M - $3M Total Strategic Investments $15 - $32 million $1,189,082 Expenditure Summary: Total ARPA Allocation: $18,325,190 Total Encumbered as of July 29, 2022: ~$4,389,082 Remaining ARPA Balance: ~$13,9369,108