
Haverhill Community Meeting to Discuss ARPA Funding
Posted on
July 27th at 12:57pm.
A Haverhill community meeting was held on Monday, August 1st. Residents had the chance to provide input about how the city should allocate $30 million dollars in federal American Rescue Plan Act (ARPA) funds.
Communities may use ARPA funds in the following ways:
- Development, repair, and operation of affordable housing and services or programs to increase long-term housing security
- Investment in water, sewer, and broadband infrastructure
- Provide premium pay for essential workers
- Help households, small businesses, impacted industries, nonprofits, and the public sector recover from economic impacts
- Replace lost public sector revenue
Examples of acceptable affordable housing related expenditures include:
- Funding for new construction and substantial rehabilitation of affordable housing
- Acquisition of land for future development
- Down payment and mortgage assistance
- Acquisition of properties that will be transitioned into affordable housing
- Financing of loans (that fit a specific criteria) that supports affordable housing investments
- Predevelopment activity and site work to lay the ground for affordable housing development
Those who cannot attend are encouraged to fill out the following survey provided by the city: American Rescue Plan Act Funding Prioritization Survey
Updates about how Haverhill plans to allocate ARPA funding will be posted on the NSR Blog.