Treasury, October 2023 Quarterly Reporting Analysis
Summary
Treasury's analysis of State and Local Fiscal Recovery Funds (SLFRF) reports covering spending through September 30, 2023. Treasury says states and the largest cities and counties had budgeted 88% of their total SLFRF funds to specific projects and that the number of reported projects grew 10% since the previous quarter. Recipients reported $296 billion in lost revenue resulting from the pandemic, and over 19,000 participating governments were budgeting nearly $113 billion in SLFRF funds to replace it, funding over 57,000 projects. Annual reporters (smaller local governments, and Tribal governments with an allocation less than $30 million) are counted with data through March 31, 2023. Treasury says the examples it cites do not constitute approval of those projects.
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“Treasury, October 2023 Quarterly Reporting Analysis.”
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State and Local Fiscal Recovery Funds: Supporting Equitable
Recovery and Building Resilience for Stronger Communities
State and Local Fiscal Recovery Funds October 2023 Reporting Data Analysis
President Biden’s American Rescue Plan is helping communities across the country
recover from the COVID-19 pandemic and grow their economies. The State and Local
Fiscal Recovery Funds (SLFRF) program, a major facet of the American Rescue Plan,
provides funding to states, territories, Tribes, and local governments to support
economic recovery, job creation, workforce expansion, and access to healthy, safe, and
affordable housing. Today, the SLFRF program is making a difference in nearly every
community across the country.
In the latest quarterly data submitted to the Treasury Department, through September
30, 2023, recipients continue to report progress in executing on their planned uses of
SLFRF award funds. States and the largest cities and counties have reported budgeting
88% of their total SLFRF funds to specific projects, with the total number of reported
projects growing 10% since the previous quarter, demonstrating continued steady
progress in recipients’ planning for the use of these funds.1
The data continue to show that by helping state and local governments replace lost
revenue, the SLFRF program has helped local leaders avoid steep budget cuts. Using
their SLFRF award funds, governments maintain key services and infrastructure, such
as public transportation connecting workers to jobs and emergency services. 2 As of
September 30, 2023, SLFRF recipients reported $296 billion in lost revenue resulting
from the pandemic. Over 19,000 participating governments reported that they are
budgeting nearly $113 billion in SLFRF funds to help replace this lost revenue, funding
over 57,000 projects to provide fiscal stability in their jurisdictions.
The data illustrate that the American Rescue Plan prevented severe cuts to public
services and helped state, territorial, Tribal, and local governments swiftly resume
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The U.S. Department of the Treasury continues to regularly release SLFRF reporting data received from
recipients. This includes the most recent data submitted by quarterly reporters in October 2023, representing
spending through September 30, 2023, which is available on Treasury’s SLFRF dashboard. The summary statistics
in this blog post reflect these data, as well as the data from annual reporters submitted in April 2023, representing
spending through March 31, 2023. Tribally reported information is included in aggregate statistics about the
SLFRF program (e.g., the total number of governments using funds for a specific eligible use, total projects
reported); however due to privacy considerations, Treasury does not release complete information on all Tribal
projects.
2
State and local governments were forced to cut budgets due to the 2008 Great Recession resulting in reductions
in services and slowing the economic recovery. Remarks by Secretary of the Treasury Janet L. Yellen at National
Association of Counties 2023 Legislative Conference | U.S. Department of the Treasury
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normal operations. In addition to responding to the immediate aftermath of the
pandemic, governments are investing SLFRF funds to address long-standing
structural challenges in the economy that the pandemic surfaced and exacerbated,
especially the need to increase the availability of affordable housing and invest in
their workforces.
Key SLFRF Investments through September 30, 2023, for State, Local,
Territorial, and Tribal Governments3
Reported Number of Number of
Funds Governments Projects
Category Budgeted Pursuing Reported
Housing: Emergency Aid, Affordable
$18.5 Billion 943 2,965
Housing, Homelessness
Infrastructure: Water, Sewer, and
$32.8 Billion 3,315 13,857
Broadband
COVID-19 Public Health Response** $12.2 Billion 1,707 6,399
Worker Support: Unemployment Aid, Job
Training, Public Sector Workforce, $12.8 Billion 2,112 4,352
Essential Worker Premium Pay
Small Business Assistance $5 Billion 702 1,579
Childcare and Early Learning $1.2 Billion 266 459
**Includes vaccinations, testing, contact tracing, personal protective equipment, prevention in
congregate facilities, medical expenses, and other public health measures.
The following examples come from data reported by SLFRF recipients to the Treasury
Department.4 These examples provide a snapshot of the types of projects that recipients are
implementing across key eligible use categories of SLFRF funds. 5
3
This chart includes the most recent project and expenditure reporting received by Treasury for quarterly
reporters. Specifically, it includes data reported by quarterly reporters (states, territories, and metro cities and
counties with a population over 250,000 or an allocation over $10 million; Tribal governments with an allocation
over $30 million; and non-entitlement units of local government allocated more than $10 million) through
September 30, 2023, and data received from annual reporters (metro cities, counties, and non-entitlement units of
local government with populations less than 250,000 and an allocation less than $10 million, and Tribal
governments with an allocation less than $30 million) through March 31, 2023.
4
The examples included throughout this post are based on recipients’ reports, and their inclusion in this document
does not constitute approval of these projects by Treasury.
5
This analysis includes quarterly Project and Expenditure reports covering the period ending September 30, 2023.
Recipients file either annually or quarterly based on population and allocation size. The data in this report is
2
Providing More Americans Access to Affordable Homes
Investing in and expanding access to affordable homes is a key goal of the Treasury
Department and the Biden-Harris Administration. Governments across the country are
leveraging SLFRF award funds to construct new homes and rehabilitate or repair
existing ones. Treasury encourages jurisdictions to consider using their SLFRF funds to
support housing stability, the construction and preservation of new affordable homes,
or to supplement other American Rescue Plan programs aiding renters and
homeowners, such as the Emergency Rental Assistance program and the Homeowners
Assistance Fund. In the summer of 2022, Treasury expanded the flexibility for
recipients to use their SLFRF funds to invest in making homes more affordable. Since
then, spending on affordable housing continues to accelerate. Compared to data from
July 2022, SLFRF funds budgeted for housing stability, preservation, and construction
increased by 59% to a total of $7 billion. Since last quarter, communities have increased
their SLFRF budgets for housing investment by 4%. In the coming weeks, Treasury also
plans to release updated guidance that further expands recipients’ flexibility to invest
SLFRF funds in increasing the number of affordable homes in their communities.
The following are a sample of activities being undertaken by SLFRF recipients to
increase the supply of affordable homes:
Boone County, Missouri is budgeting $5 million to construct 77 total units with 22 one-
bedroom units, 36 two-bedroom units, 15 three-bedroom units, and four four-bedroom
units.
The City of Bremerton, Washington is leveraging $500,000 to purchase 36 apartment
units to serve low-income individuals.
Eerie County, New York is allocating $13.5 million for the development of
approximately 40 single-family, new construction, homeownership units for sale to low-
and moderate-income buyers. These units will be infill housing constructed on vacant
lots which are being rededicated to affordable family housing.
Harris County, Texas is using $10 million to increase the supply of permanent
supportive housing by 112 units. Additionally, Harris County is using $5.1 million to
convert an existing hotel built in 2008 into 81 affordable housing units. Harris County
inclusive of recipient tiers 1-3’s latest quarterly filing, plus data from tiers 4-5 annual report made in 2023 Q1.
Recipient tiers 1-3 report quarterly, while tiers 4-5 report annually.
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Public Health will offer on-site supportive services. Participants will be referred
through the Homeless Response Service and have dedicated case managers.
Hillsborough County, New Hampshire is using $2.3 million for the development of 118
new affordable housing units in its more rural communities.
Riverside County, California is allocating $4 million for a multi-family affordable rental
housing project that will consist of 212 affordable units and two on-site resident
manager units. The homes will be built on 7.5 acres of vacant land in the City of
Murrieta.
Supporting Our Workforce
Another area of investment of SLFRF funds is supporting and expanding the workforce
in response to the negative economic impacts of the pandemic in communities across
the country. Primary areas of workforce investment include helping impacted workers
enter in-demand careers, with a particular focus on assisting people who face barriers
to employment. In addition, these investments are providing communities with tools and
resources to ensure that Americans can get the skills they need to take advantage of
the jobs created by President Biden’s Investing in America agenda. The Bipartisan
Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act are
expanding economic opportunity to urban and rural communities in every corner of the
U.S., and the SLFRF program's investments in workforce development are making sure
that those opportunities are available to American workers – whether or not they have
a college degree.
The following are a sample of workforce projects reported by SLFRF recipients:
Hamilton County, Ohio is budgeting $1.8 million to expand the number of childcare
teachers within the County to help offset the shortage of teachers generated from the
pandemic. The grant will work directly with students to assist them in all facets to
achieve required certifications, overcome barriers, and receive support for job
placement.
The City of Miami is budgeting $200,000 to offer short-term pre-apprenticeship
programs (approximately 15 weeks). The first cohort will focus on unaccompanied
youth ages 18-24 who are experiencing homelessness. By the end of the course,
participants will be certified in cloud computing and scrum specialization.
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The State of Michigan is budgeting $15 million to operate a talent fast track system.
Funds will be used to provide specialized economic assistance to qualified businesses
that are locating or expanding in the state. Funds will also be used to collaborate with
institutions of higher education, community colleges, Michigan Works agencies, private
training providers, nonprofit entities, state agencies, and local units of government to
tailor talent solutions, provide customized employee recruitment and screening, and
provide workforce training for businesses that are locating or expanding in the state.
The State of Nebraska is using nearly $4.3 million to construct an approximately
80,000 square foot standalone Welding Technology Center. The objective of this
project is to create appropriate learning spaces for Welding Technology students
seeking a Certificate, Diploma, or Associate of Applied Science degree, as well as
industry-specific training. Additionally, the space will be used for the college’s
American Welding Society Certified Testing Center to certify welding skills for
employment needs.
The State of Ohio is leveraging more than $2.3 million as part of its Appalachian
Community Grant Program, which provides planning and development grants for
communities located in Ohio's 32-county Appalachian region. This includes the Utica
Shale Academy project, which will assist unemployed and underemployed workers by
creating a workforce training center and training services in Salineville, Ohio. The
project will establish a new facility with training equipment and instructors to provide
quality workforce training equipment for residents in Columbiana, Carroll, Jefferson,
and Mahoning Counties, especially those who are at risk of ongoing unemployment and
low income. Participants will also have access to Community Health Workers.
The State of Virginia is utilizing $3 million for the development of a Commercial Driver’s
License training program and driving range at a community college.
Strengthening Small Businesses
SLFRF recipients have invested in a wide variety of programs that support small
businesses’ role as key employers and drivers of local economies, utilizing federal
funds to sustain the continued record growth in small business creation. Through
September 30, 2023, governments have budgeted over $5 billion for over 1,500
projects to support small businesses and small business development.
Examples of small business projects reported by SLFRF recipients include the
following:
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The City of Asheville, North Carolina is investing almost $1.3 million for a loan
guarantee program to help meet the growing access-to-capital needs for low-income
entrepreneurs and entrepreneurs of color. It will build on a successful pilot program,
leverage an additional $5.4 million in program funding from SLFRF in order to improve
the funding landscape and access to capital for equitable small business development.
Fairfax County , Virginia is budgeting approximately $7 million for their Technical
Assistance Grant program. The program will provide eligible entities with business
counseling and the most needed technical assistance service(s). The program model
will increase awareness of public small business support programs, subsidize the costs
of the consultant services, encourage peer support networks, and seek to provide
assistance in various languages. It is estimated that approximately 600 businesses will
have the opportunity to receive consulting services.
The City of Taunton, Massachusetts is budgeting $135,000 for supporting small
businesses. Through the program, recipient businesses can be granted professionally
designed websites and logos, digital point-of-sale systems, and social media coaching
which will help drive customers to the businesses.
Washoe County, Nevada is leveraging $150,000 for their Economic Development
Authority of Western Nevada’s Startup Ecosystem Support Program. The program aims
to foster a vibrant and diverse entrepreneurial ecosystem within the County by
organizing Startup Week, a week-long event series focused on educating
entrepreneurs, promoting innovation, and highlighting the role of startups in the local
economy. In addition to Startup Week, the initiative will support year-round
programming, promote diversity, and strengthen the entrepreneurial community.
Improving Internet Speeds and Access
SLFRF funds are being invested to strengthen the country’s internet infrastructure by
laying fiber backbone, completing last-mile connections, and prioritizing equitable
access to broadband. These investments provide residents with access to education,
health care, government services, and economic opportunity. As of September 30,
2023, SLFRF recipients budgeted over $8.2 billion in SLFRF funds for more than 1,278
broadband internet projects. The SLFRF funds invested in broadband projects
complement the American Rescue Plan’s expansion of affordable highspeed internet
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access through Treasury’s Capital Projects Fund, as well as the Bipartisan
Infrastructure Law.
The following are a sample of broadband projects reported by SLFRF recipients:
Culpeper County, Virginia is utilizing $6.6 million for a new fiber to the home
deployment that will make fiber service available to currently unserved locations in the
County. The network includes approximately 536 miles of distribution fiber.
The State of Kansas is budgeting $30 million to provide competitive grants to enable
the deployment of last mile and middle mile broadband infrastructure in areas of the
state that lack access to high-speed internet.
The Commonwealth of Kentucky is using over $11 million for a project that
encompasses four far western counties of Kentucky, including all of the unserved rural
areas of Hickman and Fulton counties, as well as significant portions of Carlisle County.
A small number of locations along the western edge of Graves County are also
included. In total, the project will provide 1 gigabit per second, fiber based, high-speed
broadband to 1,763 potential subscribers.
The State of South Carolina is using approximately $7.3 million to build a fiber to the
home network to serve the citizens of Calhoun, Richland, and Orangeburg Counties.
In the Flow: Water and Sewer Investments
Recipients may use SLFRF funds to invest in critical water and sewer infrastructure to
improve access to clean drinking water and to support vital wastewater and stormwater
projects. To date, governments have invested $4 billion in more than 1,900 projects to
meet their water, wastewater, and stormwater goals.
Examples of water and sewer projects reported by SLFRF recipients include the
following:
The City of Corpus Christi , Texas is leveraging $10 million to rehabilitate and/or replace
aging stormwater infrastructure. The project will assess existing conditions of
stormwater pipes, ditches, channels, and other aging systems that have reached the
end of their useful life and will address identified needs.
The State of Michigan is investing $20 million to upgrade a wastewater treatment
plant in Ironwood, Michigan. The project includes improvements to the headworks and
electrical systems, primary treatment components, oxidation ditch processes, final
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treatment mechanisms, chemical building components, sludge handling processes, and
equipment associated with digester processes. The plant will also be upgrading to a
class A biosystems treatment process.
The State of New Jersey is budgeting approximately $250 million for sewer overflow
projects.
The State of Ohio is allocating $5 million for a project in the City of Kenton to update
sewer, storm, and water mains in their downtown. The upgrades offer an opportunity to
provide the infrastructure replacement and supplements needed to revitalize their
downtown. It also provides the City with the ability to provide better levels of service to
the downtown community with less occurrences of water main breaks, better
pressures, improved flows, adequate fire protection, eliminate lead service lines, and
provide better water quality for downtown residents and businesses.
The County of Riverside, California is budgeting $5.8 million to extend sewer service
to disadvantaged, unincorporated communities that currently use septic systems.
The State of Utah is allocating $30 million for water improvements at Utah Lake and
its watershed including wastewater upgrades, stormwater improvements, and
agricultural nonpoint source as well as in-lake water quality improvements.
These opportunities are possible because the economy is in a stronger place today as
a result of the American Rescue Plan. Looking forward, the Treasury Department
remains focused on ensuring that recipients can leverage their SLFRF award funds to
meet the unique needs of their communities in ways that will power inclusive and
equitable economic growth for decades to come.
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