Local news- Press Release
☷ Fayetteville Arkansas - City of Fayetteville Expands Assistance Programs for Nonprofits Through ARPA Funding
Fayetteville , state Arkansas ( By Press Release office)
Apr 06,2022
| 7
April 6 , 2022
Contact:
Yolanda Fields
Community Resources Director and Equity Officer
479 - 575 - 8290
yfields@fayetteville - ar . gov
City of Fayetteville Expands Assistance Programs for Nonprofits Through American Rescue Plan Act Funding
FAYETTEVILLE , Ark . — The City of Fayetteville has three programs available for assisting nonprofit organizations that serve Fayetteville residents and have experienced negative impacts because of the COVID - 19 pandemic . The first program was approved by City Council in February 2022 and an application portal opened on Feb . 18 . On Tuesday , April 5 , City Council voted unanimously both to approve the new programs and appropriate funding from the City’s American Rescue Plan Act funds .
Program 1: Grants to nonprofits/$25 , 000 or greater
This program is available for qualifying nonprofits to perform projects for Fayetteville residents on a prospective basis , to address current and future challenges:
Total award amount of $25 , 000 or greater per applicant
Funding will be provided to nonprofits on a reimbursement basis
Applicants submitting proposals for funding must ensure their proposal meets U . S . Department of Treasury regulations for ARPA funding as outlined in the Treasury Final Rule and Final Rule Overview available at:
https://home . treasury . gov/policy - issues/coronavirus/assistance - for - state - local - and - tribal - governments/state - and - local - fiscal - recovery - funds
See the City’s Nonprofit Portal for more information:
https://documents . fayetteville - ar . gov/Forms/nonprofitarpagrant
Application deadline: April 30 , 2022
Program 2: Economic assistance to nonprofits
Nonprofits have faced significant challenges due to the pandemic’s increased demand for services and changing operational needs , as well as declines in revenue sources such as donations and fees .
To help address these needs , the City has developed two additional economic assistance projects for those nonprofits who may not qualify or otherwise be able to participate in the first program offering larger grant amounts . City Council has appropriated $100 , 000 for the first program and $900 , 000 for the second program .
Eligible organizations should apply for only one of the below programs:
2A . Economic assistance to nonprofits – up to $5 , 000:
Total economic aid of up to $5 , 000 is available per qualifying nonprofit applicant
Designed to more urgently address economic needs directly related to COVID - 19
Eligible nonprofits include 501 ( c ) ( 3 ) or 501 ( c ) ( 19 ) organizations , serving Fayetteville residents
Qualifying costs eligible for economic aid include payroll , rent or other operating costs
2B . Economic assistance to nonprofits – more than $5 , 000
A separate economic aid program is available for qualifying nonprofit applicants for requests of more than $5 , 000
This program is intended to assist qualifying nonprofits that experienced negative economic impact directly related to the COVID - 19 pandemic
Examples of negative economic impacts can include an increased demand for services provided , changing operational needs , a decline in revenue sources ( such as donations and fees ) , reduced ability to hold fundraising events , increased costs or challenges covering payroll , rent or other operating costs of the nonprofit organization
Qualifying costs eligible for economic aid include payroll , rent or other operating costs
Application deadline: April 30 , 2022
Nonprofits eligible for assistance through these additional assistance programs are those that experienced negative economic impacts or disproportionate impacts of the pandemic and meet the definition of “nonprofit” — specifically , those that are 501 ( c ) ( 3 ) or 501 ( c ) ( 19 ) tax - exempt organizations . Application forms are currently being developed and will be available on the City’s website as soon as possible .
For more information on ARPA , please go to
https://www . fayetteville - ar . gov/4109/American - Rescue - Plan - Act - Funding
.
Press release information:
Direct link to press release:
Click here .
Keywords and search queries from search engines related to the press release : local fayetteville news , fayetteville ar news , local news fayetteville ar , city of fayetteville ar , rent assistance fayetteville ar