Finance Committee Approves Use Of ARPA Stimulus Funds

$124 million Set Aside for Major Investments Throughout Providence

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Providence, RI – Thursday night (April 21), the Providence City Council’s Committee on Finance approved $124 million in an American Rescue Plan Act (ARPA) ordinance that will fund significant long-term investments in housing, water/sewer and broadband infrastructure, community and social disparities, parks and recreation centers, tourism, travel, and hospitality, as well as economic relief for businesses and organizations hardest hit by the COVID-19 pandemic.

“It was important for the finance committee to thoroughly review this budget and scrutinize every expenditure,” said Councilwoman Jo-Ann Ryan, Chair of the Finance Committee.

“The committee prioritized investments in housing, economic development, and infrastructure that touched every neighborhood….”