CPF Allocations Provided for Grant Planning Costs

Treasury Updates Guidance; Costs for Grant Plans Now Administrative Expenses
Jerry Ashworth
January 31, 2022 at 07:45:42 ET
Now that the Department of the Treasury has approved state and territory applications under the Capital Projects Fund (CPF), these recipients can now develop grant and program plans ― which will be classified as administrative expenses ― detailing how they will use these funds. Authorized in the American Rescue Plan Act (ARPA) (Pub. L. 117-2), the CPF program allocates funds for el... Read More