Econ 919 — American Rescue Plan

Mar 26, 2021

Almost a fifth of the $1.9 trillion in the newly approved American Rescue Plan is headed straight to state and local governments.

Most details about how that money will be distributed are still up in the air, said Tim Dillon, executive director of the Kenai Peninsula Economic Development District. His team helped distribute Alaska CARES funding last year.

He’s not sure whether KPEDD will be playing an official role in distribution this time around. But he says what he does know is cities and boroughs will likely start parsing through their funds next month.

 

That's Tim Dillon with the Kenai Peninsula Economic Development District.