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© Reuters. FILE PHOTO: Signage is seen at the USA Division of the Treasury headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File PhotographWASHINGTON (Reuters) – The U.S. Treasury stated on Thursday it granted extra flexibility to state, native and tribal governments in spending $350 billion in COVID-19 help funds, issuing new closing guidelines on this system launched final 12 months.
The Treasury stated that the brand new guidelines broaden the makes use of on which recipient governments can spend their allotted funds, together with little one care and early schooling providers, addressing studying losses and reasonably priced housing improvement to pandemic-hit communities.
The ultimate guidelines additionally broaden assist for public sector hiring and permit a broader group of important staff to obtain premium pay. In addition they broaden eligible capital funding tasks for well being infrastructure and, water, sewer and broadband infrastructure, the Treasury stated.
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