WILMINGTON — Gov. John Carney and Lt. Gov. Bethany Hall-Long on Thursday announced the Community Investment Recovery Fund, which will provide nonprofits one-time financing to support major capital projects in areas hard hit by the COVID-19 pandemic.
The application for funding is available here. Applications must be fully completed and submitted by Nov. 30.
The Community Investment Recovery Fund is supported with $100 million from the American Rescue Plan Act. ARPA was championed by members of Delaware’s congressional delegation — Democrats Sen. Tom Carper, Sen. Chris Coons and Rep. Lisa Blunt Rochester — and signed into law by President Joe Biden on March 11.
“The American Rescue Plan is about rebuilding from the COVID-19 pandemic and coming out of this crisis stronger than before,” Gov. Carney said in a press release Thursday. “That’s exactly what this Community Investment Recovery Fund will help us do.
“This Recovery Fund will help support community centers and other nonprofits that are seeking to rebuild and strengthen the communities they serve every day. I want to thank President Biden and members of Delaware’s congressional delegation for making these resources available.”
Lt. Gov. Hall-Long said nonprofits perform vital services for underserved communities and individuals.
“We rely on our nonprofits to care for and serve Delawareans, especially our most vulnerable residents every day. This has been especially true throughout the COVID-19 pandemic,” she said. “This ARPA investment will provide critical support for our nonprofits and community organizations that have stepped up every day to ensure Delaware families have the services they need.”
Gov. Carney, Lt. Gov. Hall-Long and members of the state’s federal delegation have recently announced several investments funded by the ARPA. These initiatives meet the goals of the legislation by:
• Building a stronger, more equitable economy in communities hit hard by COVID-19.
• Providing immediate economic stabilization for impacted households and businesses.
• Addressing systemic public health, public safety and economic challenges.
• Meeting pandemic response needs.
Earlier this week, Gov. Carney announced plans to invest $26.4 million in affordable housing in Wilmington, $50 million for jobs-training programs statewide and $50 million to build a more modern Delaware Hospital for the Chronically Ill in Smyrna.
In Bridgeville last month, the governor announced a $110 million plan to provide universal wired broadband access to all Delaware homes and businesses, with the aim of becoming the first state to close every “last mile” with high-speed broadband.
The Community Investment Recovery Fund announced Thursday will provide support for major nonprofit capital projects statewide.
“The pandemic’s impact on our economy is far reaching, and nonprofits that work to fill the needs of our community need additional support to continue their critical work,” Sens. Carper and Coons and Rep. Blunt Rochester said in a statement. “We commend Governor Carney for directing American Rescue Plan Act funds to help these organizations who are vital to strengthening our communities.”