American Rescue Plan Municipal Funds- Act Now or Miss out for 2021

by Deborah Alexander, Director on October 12, 2021

 

funding

 

“Let’s wait and see if anyone else gets money through this program. If other organizations are successful, then we’ll apply.”

LW Consulting, Inc. (LWCI) has heard the above phrase, or something very near to it, quite often since June of 2021.

The American Rescue Plan (ARP) State and Local Fiscal Recovery Funds are a unique part of the legislation. To access the ARP funds, not-for-profit providers must submit a request to their local municipal government, whether it be a town, city, or county. The funding requests require some effort and expertise in navigating local government due to the lack of a standardized application form or portal clearinghouse submission process. The ARP funds were issued to your local officials to assist the community they serve in the economic recovery from COVID-19.

But, as the saying goes regarding asking for funding, “you’ll miss 100% of the shots that you don’t take.”

Not-for-profit senior living providers are eligible to receive funds from this program through their local municipality – but they must prepare and initiate the conversation!

Municipalities received their first round of funding dollars in June of 2021. As the fall season is approaching, local government officials are starting to plan how their money is going to be spent. If non-profit senior providers aren’t actively advocating for these dollars today, the opportunity is going to be missed. The traditional, conservative “let’s wait and see” approach will result in a missed opportunity to be considered for funding, as the expenditures are already being allocated. LWCI’s municipal consultant was recently quoted:

“Local officials look at this money as theirs and they are already planning on how to spend it,” notes David Anthony, a municipal consultant with the LW Consulting, Inc. team. “This money was meant to help local organizations recover from the pandemic, and no industry was more impacted than senior living. If providers don’t act now, I’m afraid the money will already be spent. I know this – if you do not ask, then you will definitely not get anything.”

The ARP Funds are a once-in-a-lifetime opportunity for your senior community to request and obtain some financial support that it so desperately needs to promote recovery from the COVID-19 Pandemic.

Funds can be spent on recruitment and retention efforts for staff, broadband and IT communications upgrades, HVAC and physical plant improvements, personal protective equipment, training and development, and much more. Read all about spending options in our blog “The American Rescue Plan: What Can Senior Living Providers Do With Funding?”

At LWCI, our goal is to help providers access these ARP funds. Our consulting team, consisting of clinical experts and retired municipal government officials, leverage their expertise to formulate an ARP grant request for funding and present the request in a manner that captures the elected leader’s eye. Through collaboration with your team, LWCI develops a funding request, leveraging how the expenditures support economic recovery from COVID-19 and improves quality conditions for your residents, staff, family, and visitors.

Don’t miss the opportunity to discuss these funds, as the timing is short. Also, these ARP funds will be disbursed again in June of 2022, which impacts planning for funding requests in 2022 as well.

If you haven’t reached out to us already, now is the time. We’re here to help!

 

To learn more about how LWCI can help you, set up a 15-minute discussion with one of our experts, Deborah Alexander, Director, CHC, CHPC, PMP, DPT, MED, STC, CSCS.

Start a conversation

Or, you can email Deb at dalexander@lw-consult.com

Topics: Healthcare Consulting