San Marcos to receive $18 million in relief funding from American Rescue Plan

Over $500 million in relief funds from the American Rescue Plan is coming to Central Texas governments, including $18 million for San Marcos.

U.S. Rep. Lloyd Doggett (D-Austin) announced that an estimated $18.02 million COVID-19 relief funds are expected to come to San Marcos as the package is signed.

Hays County is estimated to receive $44.64 million in direct relief funds from the American Rescue Plan. Caldwell County is estimated to receive $8.47 million, Travis County is expected to receive $247.08 million and Austin is expected to receive $195.8 million.

As with CARES Act funds, communities like Kyle, Buda and Lockhart will receive ARP funds from the state. Estimates based are the 2019 Census estimates and include $3.69 million for Buda, $10.55 million for Kyle and $3.08 million for Lockhart.

“I am so pleased to announce that over half a billion dollars in reinforcements for their efforts are expected to home directly to our Central Texas governments from this rescue package,” Doggett said. “This rescue plan rises to the tremendous needs of this moment, to directly provide aid not only to the families and businesses suffering in this crisis, but also to our local governments that have been shouldering so much of the burden of leadership.”

In addition to the direct local aid, the American Rescue Plan includes a direct stimulus payment, an extension for unemployment benefits, a temporary increase in the child tax credit, $7.25 billion in new money for PPP, the small-business loan program, specific allocations to the Small Business Administration for grants to independent restaurants and other food and drinking establishments and many other provisions set to assist Central Texas industries hit hard by this pandemic.

sgates

@sanmarcosrecord.com

Twitter: @StephJGates