Riverside California Nonprofits to Get $1M of ARPA Funds

By: Sharjeel Sohaib

• 

Oct 14, 2021

 • 

ARPA Funds

Utilize Our Platform

The County of Riverside has set aside $1 million of ARPA funds (America Rescue Plan Act) for direct assistance to eligible non-profits in the county. A virtual briefing was held about the federal funding grant and how it would be disbursed to eligible non-profits.

Who Gets the Funding?

The funding is meant for eligible nonprofits that provide direct relief services to communities disproportionally impacted by the pandemic. The County of Riverside held a virtual Zoom meeting to share details about the program.

You can get more details about the program by contacting Jen Kammerer at [email protected]

$42B of Funding To California State

Termed “the largest economic stimulus bill ever passed by Congress,” the American Rescue Plan Act (ARPA) is meant to provide $26 billion in fiscal recovery funds to the state and $16 billion to counties and cities with a population over 50,000. 

There’s an incentive to promptly utilize these funds at the state level, as funds are only available until Dec. 31, 2024. 

Per data shared by the California Legislative Analyst’s office, the funding breakdown is as follows:

  • Emergency rental assistance to families to help pay rent and utilities: $2.2 billion
  • To homeowners for mortgage payments; $1 billion
  • Homelessness assistance, including emergency housing vouchers: $1 billion i
  • Childcare and Head Start providers: $3.9 billion
  • To schools to resume in-person learning, addressing learning loss and other activities: $15.1 billion

You can access the complete snapshot of the funding breakdown by visiting the link here.

ARPA and Families Making $90K Per Year

A Columbia University study found that passing the plan will lift more than 5 million children out of poverty this year, reducing poverty by 50%. The White House shares that two-thirds of its tax cuts and direct payments go to families making less than $90,000 annually.

In June this year, CalOSBA (or The California Office of the Small Business Advocate) announced three new funding rounds with $1.5 billion in grants under California’s pandemic relief grant program.

Apart from providing direct assistance to the needy, the state government has tried to divert part of the federal funding to support small businesses and entrepreneurial growth in the region. Under CalOSBA, the state government has launched many programs, tools, and initiatives, including Innovation Hub (iHub) Program, Get Digital CA, and Source Diverse Source Local, a public-private collaboration to strengthen the California-based supply chain.

The ARPA funds have been disbursed under several categories by the federal government. These include:

  • Economic impact payments
  • Child Tax Credit
  • State and local fiscal recovery funds
  • Capital projects fund
  • Homeowner assistance fund
  • Emergency rental assistance
  • State small business credit initiative
  • Unemployment compensation

We have covered this in our Weekly Wire Round up

0 Comments

Submit a Comment

Connecting you with the best startups, people & events in the Inland Empire.

Support Startup News & Media!


Enjoying the startup news & media? Support us!

We have big plans, and we need your help!

Startempire Wire is a community of people working together to promote innovation, entrepreneurship, and investment in the Inland Empire. We provide resources and connect people with the startup culture.

We believe that the Inland Empire has all of the ingredients for success. This region just needs a platform to show the world what it can do – And this is exactly what Startempirewire.com is doing. Our goal is to act as a megaphone to connect the dots between the best startups, events, and people in the Inland Empire.

We have big plans, and we need your help! If you are passionate about creating a thriving local startup ecosystem, then we would like to invite you to join in contributing to the community by supporting us. You can do that by supporting us financially or by being an active contributor. In return, we will give you (depending on sponsorship level) free access to our content, other level based perks &  the opportunity to connect with a network of passionate people working to build a better future for all of us.

We cover the good and the bad of entrepreneurship, startups & business events; we do it with passion and purpose. If you like what we do, support us & please consider becoming a patron. Your support is essential for independent local startup media to survive & thrive.

You can make a regular one time donation to become a sponsor at any level, or you can choose to become a monthly or event sponsor.  Every little bit counts! Thank You

Verious B. Smith III

Founder, Startempire Wire

Related Articles

Stay Up On Startempire News

Access Premium Content

Startempire Wire premium content access is free during the beta period of our  website.  Join during beta and get a grandfathered discount when we launch.

$5 for first month then $15 per month

Get Every Update

Would you like to receive Startempire Wire updates in your inbox? Subscribe below!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Follow Us

Follow Startempire Wire on other social media channels.

My cart
Your cart is empty.

Looks like you haven't made a choice yet.