$1.72 million infrastructure grant obtained by Farragut
The Town of Farragut has received one of 12 grants from the state’s American Rescue Plan Act fund, part of which Tennessee Department of Environment and Conservation is administering in the form of water, wastewater and stormwater infrastructure grants, according to a Town press release.
The total value of Farragut’s grant is $1,721,566, according to a Town news release. The Town will be required to match the funds with ARPA funding previously received from the federal government.
Projects included in the grant are Town-wide stormwater mapping and stormwater infrastructure repairs and improvements. The Town’s 35 percent match on the two projects will be $602,547.
The American Rescue Plan of 2021 was designed to help Americans recover from the COVID-19 pandemic. Tennessee received $3.725 billion from the ARPA, and the state’s Financial Stimulus Accountability Group dedicated $1.35 billion of those funds to water, wastewater and stormwater infrastructure projects.
Of the $1.35 billion, approximately $1 billion was designated for non-competitive formula-based grants. The remaining $269 million of the total goes toward state-initiated projects and competitive grants. Six ARPA grants were announced in August.
Total value of the 18 grants is $72.4 million.
