WebJan 10, 2024 · Supplanting is prohibited under VOCA guidelines. Supplanting occurs when a state, local, or tribal government reduces previously allocated or appropriated funds by an … WebJan 19, 2024 · If a recipient seeks to use SLFRF funds to satisfy match or cost-share requirements for a federal grant program, it should first confirm with the relevant awarding agency that no waiver has been granted for that program, that no other circumstances enumerated under 2 CFR 200.306(b) would limit the use of SLFRF funds to meet the …
Treasury Department Announces Over $520 Million to be …
WebJul 20, 2024 · However, Treasury clarified that loans issued must be in some way related to eligible uses of SLFRF funds (I.e., loaning to small businesses can fall under responding to the economic impact of COVID-19). Moreover, Treasury clarified that loans that mature before December 31, 2026 will be treated differently than those that mature after that ... WebUnlike payroll coverage under the Coronavirus Relief Fund (CRF), SLFRF can only be used to cover payroll for public health and safety staff to the extent of the employee’s time that is dedicated to responding to COVID-19 (i.e., these employees are not automatically eligible for 100% payroll coverage with SLFRF). on tin verification gateway tin exception
American Rescue Plan & CSLFRF: Calculating revenue loss for …
WebThe American Rescue Plan Act (ARPA) defines, for purposes of the Coronavirus Local Fiscal Recovery Fund (CLFRF), metropolitan cities to include those that are currently … WebMay 18, 2024 · As of May 10, 2024, eligible direct recipients of State and Local Fiscal Recovery Funds (SLFRF) provided through the American Rescue Plan Act (ARPA) of 2024, can log into the Treasury Submission Portal to request funding. Payments to local governments under SLFRF are expected in two tranches: 50% in May 2024 and 50% in … WebSLFRF funding may be used for payroll and covered benefits for the portion of the employees’ time spent on COVID-19 response, as calculated above, through the period of performance. Government Employment and Rehiring Public Sector Staff Under the increased flexibility of the final rule, SLFRF funding may be used to support a broader set of ont intelbras 121w