Agenda - Council Work Session - 03/08/2022

Home

A ft, U.S. DEPARTMENT op THE TREASURY Assistance zoHouseholds Impacted Households and Communities Treasury presumes the following households and communities are impacted by the pandemic: ~' Low-or-moderate income households or ,/ When Providing affordable housing programs: communities households that qualify for the National Housing / Households that experienced Trust Fund and Home Investment Partnerships unemployment Program / Households that experienced increased / When providing services to address lost food or housing insecurity instructional time/nK-12 schools: any student / Households that qualify for the ChUdren's that lost access to in-person instruction for a Health Insurance Program, Childcare significant period oftime Subsidies through the Child Care Development Fund ([CDF) Program, or Medicaid Low-or moderate-income households and communities are those with (i) income at or below 300 percent of the Federal Poverty Guidelines for the size of the household based on the most recently published poverty guidelines or(ii) income at or below 65 percent of the area median income for the county and size of household based on the most recently published data. For the vast majority of communities,the Federal Poverty Guidelines are higher than the area's median income and using the Federal Poverty Guidelines would result in more households and communities being presumed eligible. Treasury has provided an easy-to-use spreadsheet with Federal Poverty Guidelines and area median income levels on itsvvebsite. ( � Recipients can measure income for a specific household or the median income for the community, depending on whether the response they plan to provide serves specific households or the general community. The income thresholds vary by household size;' recipients should generally use income thresholds for the appropriate household size but can use a default household size of three when easier for administration or when measuring income for a general community. The income limit for 300 percent of the Federal Poverty Guidelines for a household of three is$65,880 peryeac^ in other words, recipients can always presume that a household earning below this level, or a community with median income below this level, is impacted by the pandemic and eligible for services to respond.Additionally, by following the steps detailed in the section Framework for Eligible Uses Beyond Those Enumerated, recipients may designate additional households as impacted or disproportionately impacted beyond these presumptions, and may also pursue projects not listed below in response to these impacts consistent with Treasury's standards. 3 For recipients in Alaska,the income limit for 300 percent of the Federal Poverty Guidelines for a household of three is$82,350 per year.For recipients in Hawaii,the income limit for 300 percent of the Federal Poverty Guidelines for a household of three is $rs'ruo per year. Curonovirus State&Local Fiscal Recovery Funds/Overview of the Filial Rule