Rhode Island & The American Rescue Plan
Housing Stability for Rhode Islanders (September 2021)
Recommended Priorities for Investing American Rescue Plan Funds
The American Rescue Plan (ARP) provides an extraordinary opportunity for federal investment to help states and localities respond to the coronavirus public health emergency and help redress its devastating economic effects. The ARP Act, otherwise known as the COVID-19 Stimulus Plan, was signed into law by President Joe Biden on March 21, 2021. The package is intended to help states recover economic and health effects of the COVID-19 Pandemic. The State of Rhode Island received a total of $1.1 billion in ARP State Fiscal Recovery Funds, intended to “provide substantial flexibility for each government to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest hit by the crisis. These funds can also be used to make necessary investments in water, sewer, and broadband infrastructure..” as told by the U.S. Department of Treasury, highlighting the flexibility of uses of these funds to meet local housing and health needs.
Our Recommendations for Housing Investments
The General Assembly is currently accepting American Rescue Plan State Fiscal Recovery fund investment recommendations and has created an online portal to collect submissions. This portal provides an opportunity for you to show your support for the Homes RI recommendation of investing $500 million of ARP State Fiscal Recovery funds in Rhode Island’s affordable housing. Click here for guidance on how to fill out the required cover letter. Download and attach the “Housing Stability for Rhode Islanders” PDF above in your email. Address emails to ARPAideaportal@rilegislature.gov.
Below is a timeline of our recommendations’ development processes.
“Make it Happen: Investing in Rhode Island’s Future,” report from the RI Foundation’s Make it Happen Steering Committee
“Housing Stability for Rhode Islanders: Recommended Priorities for Investing ARP Funds,” Homes RI proposal
Social Media Toolkit & Press Coverage
Say Yes to Invest
Our “Say Yes to Invest” toolkit has graphics, sample copy and captions, and factsheets for you to use to spread your support for investing $500 million of American Rescue Plan funds in housing.