Chatham County, Georgia
March 7, 2024
City Financial Recovery and Support
March 29, 2022To help the country continue recovering from the COVID-19 pandemic, additional financial relief was established through the passing of the American Rescue Plan Act (ARPA) in March 2021. The City of Fayetteville, NC, recognized that they needed assistance to ensure effective response and recovery efforts and sought assistance from an outside resource.
SITUATION
As the sixth largest city in the state, Fayetteville covers 150 square miles with a population of over 200,000 residents. In 2016, Hurricane Matthew affected the City of Fayetteville’s infrastructure with winds over 60 mph and rain totaling over 15 inches. With the anticipation of ARPA funds, the City decided to bring on an outside firm to assist in their COVID-19 recovery efforts while exploring infrastructure investment opportunities under the ARPA.
TASK
iParametrics was asked to provide strategic advice to the City to identify applicable uses for their ARPA funds and maximize their ability to recover costs under various federal programs, including the FEMA Public Assistance Program, the Coronavirus Relief Fund, and HHS/CDC grants. Initial tasks included identifying nonprofits, households, small businesses, and impacted industries who experienced negative economic impacts of COVID-19, identifying public health workers who performed essential work during the pandemic, identifying lost revenues, and identifying opportunities to construct broad band infrastructure.
ACTION
iParametrics, along with our partners Metric and AG Witt, is providing the City with comprehensive grant management and cost recovery services, including strategic planning, FEMA PA cost recovery, community outreach, program implementation support, and technical assistance. We have positioned the City to maximize their cost recovery efforts by leveraging each federal funding stream to pay for unique items that are needed.
RESULT
The City of Fayetteville is better equipped to respond to the current COVID-19 pandemic as well as future disaster declarations. iParametrics is managing the City’s ARPA Grant program, a project value of $4 million, with a $1 million Childcare Stipended Grant Program, $2 million Small Business Assistance and $1 million for a Commercial Cooridor Program.
