New Hampshire Recoverable Grant Agreement
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How to fill out Recoverable Grant Agreement?
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FAQ
Under the American Rescue Plan Act of 2021 (ARPA), the State will receive a total of $112 million in Local Fiscal Recovery Funds to distribute to New Hampshire non-metropolitan cities and towns (so-called Non-Entitlement Units or NEUs), this includes all NH municipalities except for Dover, Manchester, Nashua, ...
Single people making less than $75,000, heads of household making less than $112,500, and married couples filing jointly making less than $150,000 qualify for stimulus checks. People making up to $80,000 will receive partial payments.
The New Hampshire Nonprofit Emergency Relief Fund was established by Governor Chris Sununu through the Governor's Office for Emergency Relief and Recovery (GOFERR). The State of New Hampshire will award grants from the allocated $60 million to help nonprofit organizations impacted by the COVID-19 pandemic.
Recoverable grant capital can serve the same purpose for a nonprofit organization. For example ? if a nonprofit is working to test a new, unproven solution to address climate change, they need access to patient risk capital to help them innovate and try new ways to address the problem.
Hampshire families with 230K children: In New Hampshire, the American Rescue Plan's historic Child Tax Credit benefited an estimated 144,000 families with 230,000 children. Rescue Plan's expanded EITC provided up to $1,500 of tax relief to an estimated 70,000 New Hampshire workers without dependent children.