Treasury Guidance & Next Steps

The Treasury Department released interim guidelines and final allocations on May 10th.

Vallejo's allocation is $25,727,736! This is in addition to the $2.2 million we received through the HOME program.

What happens now?

Now we apply for funds, read through the guidance, and strategize how to maximize these funds.

It's important to note that we will get the first payment 60 days after submitting the application and the second half a year from the date of our first payment.

What can the money be used on?

Here is a high-level summary from Treasury's website. We can use the funds to:

• Support public health expenditures, by, for example, funding COVID-19 mitigation efforts, medical expenses, behavioral healthcare, and certain public health and safety staff
• Address negative economic impacts caused by the public health emergency, including economic harms to workers, households, small businesses, impacted industries, and the public sector
• Replace lost public sector revenue, using this funding to provide government services to the extent of the reduction in revenue experienced due to the pandemic
• Provide premium pay for essential workers, offering additional support to those who have and will bear the greatest health risks because of their service in critical infrastructure sectors
• Invest in water, sewer, and broadband infrastructure, making necessary investments to improve access to clean drinking water, support vital wastewater and stormwater infrastructure, and to expand access to broadband internet