Hudson County will receive $424.6M from American Rescue Plan, senators say

0

Hudson County will receive $424,614,802.61 in federal aid from the American Rescue Plan, with $130.41 million allocated to the county government and $294,204,802.61 going towards the 12 municipalities, U.S. Senators Bob Menendez and Cory Booker (D-NJ) announced.

U.S. Senators Bob Menendez (left) and Cory Booker. Facebook photo.

By John Heinis/Hudson County View

The final funding formula – which nets $10.189 billion for New Jersey – targets federal resources to areas with the greatest need and is modeled after Menendez’s bipartisan SMART Act, co-sponsored by Booker.

This allowed the Garden State to receive about $1 billion more than they would have if the money been distributed by population.

“Our state and local governments have been on the frontlines of the fight against COVID-19. They have been bleeding resources for over a year while costs have soared and revenues have plummeted. As a result, they have borne the brunt of the economic pain and desperately need help,” Menendez said in a joint statement.

“This badly needed federal funding will not just keep the lights on at City Hall, it will also help our communities get more vaccines in people’s arms, keep our first responders, teachers and other essential workers on the job, maintain our infrastructure and critical services, help our small businesses stay afloat, and put us on a smoother path towards economic recovery after the pandemic.”

The $1.9 trillion COVID relief package contains $360 billion in state and local aid to help keep essential workers on the job, assist struggling families and small businesses, and make critical investments in infrastructure.

“In the midst of the greatest public health and economic crises of our lifetimes, it is unacceptable New Jersey schools, hospitals, small businesses, and workers faced the additional threat of budgetary shortfalls,” added Booker.

“With state and local governments across our country facing the painful decisions of potentially laying off thousands of police officers, firefighters, teachers, and other essential workers, and cutting essential services, the full support of our federal government has never been more important to fight this pandemic.”

The direct, flexible funding can be used by state and local governments to pay COVID-related expenses; cover lost revenues due to the pandemic to maintain critical services and avoid layoffs of essential workers; provide additional assistance to residents and small businesses; and invest in water, sewer and broadband infrastructure.

The breakdown for each Hudson County municipality is below.

Bayonne

$ 39,239,369.63

East Newark

$ 255,403.75

Guttenberg

$ 1,092,440.43

Harrison

$ 1,970,636.40

Hoboken

$ 27,201,022.91

Jersey City

$ 145,818,453.10

Kearny

$ 4,033,218.16

North Bergen

$ 17,755,220.29

Secaucus

$ 2,150,597.82

Union City

$ 26,421,978.39

Weehawken

$ 1,437,923.12

West New York

$ 26,828,538.60


Warning: A non-numeric value encountered in /home/hcvcp/public_html/wp-content/themes/Hudson County View/includes/wp_booster/td_block.php on line 353

LEAVE A REPLY