Recovery from the Great Recession was uneven and painfully slow for lower-income areas and people of color burdened by decades of structural racism. Some neighborhoods never regained housing values or homeownership levels. One thing we know: when parts of our communities are not healthy and thriving, we all pay a price.
The multiple stressors of the past two years – a global pandemic, economic devastation, racial injustice, and partisan divides – have added enormous complexity to the challenge of a just and equitable recovery.
SPARCC has distilled what we are learning from how cities, counties, and states have prioritized the deployment of $350 billion in State and Local Fiscal Recovery Funds that were part of the $1.9 trillion American Rescue Plan (ARP) passed by Congress in March of 2021.
This report examines what worked, and what did not work in the allocation and disbursement of these funds, and more importantly, how we can better serve our communities through funding in the future.
Read the full report. Click HERE to download the reportFinal_Equitable Transformation 2022Com