The American Rescue Plan Act 2021 was signed into law by President Biden on March 11, 2021. This act provides U.S. cities and counties with $130.2 billion through December 31, 2024. The Town of Carrboro will receive $6.75 million as part of this allocation. These funds will be used to help offset revenue losses resulting from the pandemic, as well as fund other community needs. Specifically, these funds may be used to: