Providence finalizes plan to invest $124M in federal COVID money

PROVIDENCE, R.I. (WPRI) — Providence Mayor Jorge Elorza signed a spending plan for $124 million in American Rescue Plan Act (ARPA) funding Friday, paving the way for the city to invest tens of millions of dollars into housing and infrastructure projects.

“It goes to support a bunch of different, really important initiatives,” Elorza told 12 News during a live interview just hours after signing the ordinance. “But the most important thing is the housing crisis, really the housing affordability crisis in the city.”