It’s Your Business: Investing in Bloomington’s Future
8 Jul 2021
News
Recently, we have been diving into what the American Rescue Plan Act of 2021 can mean for our community. ARPA is a $1.9 trillion federal coronavirus relief funding package that will deliver funding at the federal, state and local levels. Through ARPA allocations to local government, Bloomington will receive about $22.27 million, Ellettsville will receive about $1.41 million and Monroe County will receive about $28.79 million.
Based on federal guidelines, funds can be used to: (1) Respond to the public health emergency or its negative economic impacts; (2) Provide premium pay to eligible essential workers; (3) Replace lost government revenue; and (4) Make necessary investments in water, sewer or broadband infrastructure.
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The Bloomington Economic Development Corporation (BEDC) is pleased to submit the following ideas on how local governments across Monroe County could invest funds from the American Rescue Plan Act (ARPA). BEDC staff and officers compiled these recommendations, with feedback gathered from BEDC members during the week of June 21.According to...
This month marks one year since COVID-19 upended our lives. While we have faced great loss and adversity, there is promise for the future.The pandemic disparately impacted individuals, families, organizations and industries. Pre-pandemic challenges intensified — ranging from health and income disparities, to workforce availability, child care and workforce housing...
As 2020 draws to a close, our team is incredibly grateful to live and work in this community. The year has been difficult, but the community has pulled together to confront the challenges before us.The Bloomington Economic Development Corp. recently interviewed members and partners on their outlook for the New...
