Dear USET/USET SPF Family,
Recently, Treasury issued a Tribal Leader communication to provide updates from its Office of Recovery Programs. These updates include compliance reporting and application deadlines for the Fiscal Recovery Fund, Capital Projects Fund, the Small Business Credit Initiative, the Emergency Rental Assistance Program, the Homeowner Assistance Fund, and the Coronavirus Relief Fund. Details regarding these programs and funds are provided below.
Fiscal Recovery Fund (Compliance Reporting Deadline)
The compliance reporting deadline for the Fiscal Recovery Fund (FRF) is April 30, 2022 for all Tribal governments. Compliance reporting can be completed by using either the Login.gov or ID.me accounts Tribal governments created to apply for and receive FRF funds. Tribal government recipients of FRF funds must make the one-time Revenue Loss decision by selecting the standard allowance of $10 million or manual calculation in this reporting cycle.
For more information on the compliance reporting requirements, please view the latest Project and Expenditure User Guide. Questions on compliance reporting or gaining access to the compliance reporting web portal can also be directed to email@example.com, or by calling (844) 529-9527.
Capital Projects Fund (Application Deadline)
The deadline to apply for the Capital Projects Fund (CPF) is June 1, 2022 and can be submitted through your ID.me account. Each Tribal government has been allocated $167,504 in CPF funds. To view the CPF’s Tribal government allocation methodology, please click here. For more information regarding the CPF program, please view Treasury’s one page overview of CPF for Tribal governments document by clicking here. Treasury has also published a CPF Guidance for Tribal Governments, which provides additional information regarding the access and use of these funds.
Currently awarded CPF project descriptions have been published on Treasury’s website to provide examples and information on potential uses of CPF funding for Tribal governments. These project descriptions of CPF funds can be viewed by clicking here. Furthermore, Treasury is holding weekly CPF Tribal Office hours every Thursday from 3:00 to 4:00pm ET and individuals can register to attend these offices by clicking here.
Small Business Credit Initiative (Tribal Consultation & Application Deadline)
Treasury will be hosting a Tribal consultation on the Small Business Credit Initiative (SBCI) Tribal Technical Assistance Funds on Thursday, May 5, 2022 at 3:00pm ET. Please click here to register for the consultation. Additional information and Framing Questions can be viewed by the viewing the Dear Tribal Leader Letter by clicking here.
The application deadline for the SBCI Tribal Technical Assistance Funds is May 11, 2022. In advance of this deadline, Treasury will be hosting SSBCI Outreach Office hours for Tribal governments. Below are the dates, times, and registration links for these Office hours—
Thursday, April 21, 2022 at 4:00pm ET
Thursday, April 28, 2021 at 4:00pm ET
For any questions regarding the SBCI program, please contact an SSBCI Outreach Manager by emailing firstname.lastname@example.org. Furthermore, Treasury will be hosting a SBCI Capital Program Application Leverage webinar for Tribal governments on Tuesday, April 19, 2022 at 4:00pm ET. Please click here to register.
Emergency Rental Assistance Program (Reallocation Methodology Update)
On March 30, 2022, Treasury published technical updates to the Emergency Rental Assistance Program (ERA1) Reallocation Guidance, as well as a red-lined version to show the updates from the previous guidance issued on October 4 2021.
As explained in the guidance, each Tribal government will be allowed to keep funds from its initial ERA1 award that are unobligated as of June 30, 2022, up to the highest quarterly amount spent on assistance, with the remaining unobligated funds determined to be excess funds and subject to recapture. Treasury will measure unobligated funds and prior quarters’ expenditures based on the Q2 2022 report. Any funds recaptured from Tribal governments or Tribally Designated Housing Entities will be prioritized for other grantees in that group in the reallocation process. After June 30, 2022, Treasury intends to consider whether additional recapture of unobligated funds, including funds received through reallocation, is appropriate to help ensure that ERA1 funds are used by the statutory deadline.
Tribal governments that wish to receive reallocated funds may still make requests and receive funds recaptured from state, local, and territorial ERA1 grantees in an earlier round of reallocation. Treasury will provide details on the process for requesting reallocated funds from that round in the coming weeks. For more information, please visit Treasury’s ERA1 website or email EmergencyRentalAssistance@treasury.gov and include your ERA1 grantee number with any questions.
Homeowner Assistance Fund (Plan Submission Process)
Tribal governments and Tribally Designated Housing Entities participating in the Homeowner Assistance Fund (HAF) must submit a HAF plan to receive the remainder of their allocation. These plans must be submitted through the ID.me web portal. Treasury has released HAF plan templates, sample term sheets, and financial assistance agreement templates to assist Tribal governments as they develop their programs. Please refer to the HAF guidance for more information.
Coronavirus Relief Fund (Closeout Procedures & Compliance Reporting Deadline)
Tribal governments that have expended all Coronavirus Relief Funds (CRF) must follow Treasury’s Office of Inspector General closeout procedures in the final quarterly report. Once your Tribal government has entered and validated data for the final report, the authorizing Tribal government official must check the box signing the financial progress report to signify it’s ready for closeout and no adjustments or recoding on CRF will occur in the future. Please see page 8 of the Closeout Procedures Guide for more information.
Additionally, the quarterly reporting deadline for the next CRF report for the period of April 1, 2022 to June 30, 2022 is due on July 11, 2022. To submit this quarterly report please use the GrantSolutions portal, which can be accessed by clicking here.
For more information, please contact Brian Howard, USET SPF Senior Policy Analyst, at email@example.com.