American Rescue Plan Act and 2021 COVID-19 Assistance
The American Rescue Plan Act (ARPA) was passed by Congress on March 11, 2021 creating various support programs for businesses, residents and local government. This webpage is intended to be a resource page for these ARPA programs and other COVID-19 assistance programs. Program details are being developed by the federal government and will be updated and announced as they become available. For regular updates on business programs subscribe to Centennial Business Monthly here.
View the US Department of Treasury Announcement.
For information on Centennial’s 2020 CARES Act programs visit centennialco.gov/cares.
Current ARPA and 2021 COVID-19 Assistance Programs
Restaurant Revitalization Fund (RRF)
Applications are now open.
Note: The City of Centennial is not involved in the review of applications or determining eligibility.
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
For more information and to prepare your application please visit, www.sba.gov/restaurants (en Español: www.sba.gov/restaurantes)
Coronavirus State and Local Fiscal Recovery Fund
The American Rescue Plan Act provides $350 billion in emergency funding for state, local, territorial, and Tribal governments to respond to the COVID-19 public health emergency, or its negative economic impacts, including by:
- Providing assistance to households, small businesses, and nonprofits, or aid to impacted industries, such as tourism, travel, and hospitality;
- Responding to workers performing essential work during the COVID-19 pandemic by providing premium pay to eligible workers of the state, territorial or Tribal government performing essential work or by providing grants to eligible employers that have eligible workers;
- Providing government services, to the extent COVID-19 caused a reduction of revenues collected in the most recent full fiscal year of the state, territorial, or Tribal government; or
- Making necessary investments in water, sewer, or broadband infrastructure.
Centennial is awaiting additional federal guidance from the US Treasury Department to determine eligible uses, the confirmed amount of funding that Centennial can expect to receive, and the timeline for distribution of funds to the City.
Check back for more information on ARPA and other pandemic support in Centennial.