State and Local Fiscal Recovery Funds (SLFRF) – Don’t Leave Money on the Table!

🔍 What Is SLFRF? And Why Should You Care?

These funds, part of the American Rescue Plan Act (ARPA), are here to help nonprofits bounce back from the economic whiplash of the past few years. But time’s ticking —don’t let this opportunity pass.

SLFRF stands for State and Local Fiscal Recovery Funds, a lifeline designed to help communities recover from the pandemic’s economic aftershocks. Think of it as a $350 billion safety net, where a portion is earmarked for nonprofits like yours. The best part? It can cover everything from replacing lost revenue to expanding your public health programs.

📝 How to Apply for SLFRF

These funds, part of the American Rescue Plan Act (ARPA), are here to help nonprofits bounce back from the economic whiplash of the past few years. But time’s ticking —don’t let this opportunity pass.

Applying for SLFRF funds might seem daunting, but breaking down the process can make it more manageable. Here’s a detailed step-by-step guide to help you navigate the application:

  1. Do Your Homework:
    • Research Available Programs: Start by visiting your state, county, or city government’s website. Most have dedicated sections for SLFRF under ARPA or COVID-19 relief funds. Look for key terms like “SLFRF grants,” “nonprofit recovery funds,” or “ARPA allocations.”
    • Check State & Local Allocations: Some states and cities may prioritize specific sectors such as public health, housing, or youth programs. Understanding these priorities can help you tailor your proposal to what funders are looking for.
  2. Eligibility Check:
    • Verify Nonprofit Status: Most SLFRF opportunities are geared towards 501(c)(3) organizations, but eligibility might extend to other tax-exempt organizations like 501(c)(4) or 501(c)(6) entities. Double-check the specific eligibility criteria in the grant application to make sure your organization qualifies.
    • Local Focus: Many funds are designated for projects that directly benefit residents of the area providing the funds. If your nonprofit has a regional reach, highlight how your services impact the specific community where you are applying.
  3. Prepare Your Application:
    • Craft a Strong Project Plan: Describe your project in detail, focusing on how the SLFRF funds will directly address a community need. Include background information about your organization, the problem you’re solving, and why your project is essential. Remember, funders love specifics.
    • Develop a Detailed Budget: Break down how you will spend the funds, including line items like staffing, program supplies, or administrative costs. Transparency is key—showing funders that you’ve thought through every dollar can set your application apart.
    • Impact Metrics and Evaluation: Funders want to see results. Outline how you’ll measure success, such as the number of people served, improvements in service delivery, or community outcomes. Using data from past projects can strengthen your case.
    • Gather Required Documents: Most applications require proof of your nonprofit status (like your 501(c)(3) determination letter), recent financial statements, and possibly a certificate of good standing. Having these ready will save you time.
  4. Writing Tips for a Winning Proposal:
    • Keep It Clear and Concise: Avoid jargon and get to the point. Funders often have many applications to read, so make sure your narrative is straightforward.
    • Tell a Compelling Story: Highlight the real-world impact of your work through stories of those you serve. Paint a picture of what will change in your community if your project is funded.
    • Align with Local Priorities: If your state is prioritizing mental health, housing, or job training, show how your project aligns with those goals. Review their strategic plans and use similar language in your proposal.
  5. Submit and Follow Up:
    • Online Submission: Most SLFRF applications are submitted through online portals. Double-check that all required fields are filled out, and be sure to submit before the deadline (no one likes a last-minute scramble).
    • Confirmation and Follow-Up: After submitting, you should receive a confirmation email. Keep it for your records, and follow up with the grant administrator if you haven’t heard back within the stated timeline. It shows you’re serious about your application.
  6. Prepare for Reporting:
    • Understand Reporting Requirements: If awarded, you’ll need to regularly report how the funds are used. This could include quarterly financial updates, program progress reports, and even site visits.
    • Set Up a Tracking System: Use spreadsheets or accounting software to track expenditures and program metrics. This will make reporting much easier and ensure you stay compliant with the grant’s requirements.

🏡 Case Study: Habitat for Humanity of Ohio’s SLFRF Success Story

Habitat for Humanity of Ohio made headlines by securing a $25 million investment through SLFRF. Their winning formula? Aligning their proposal with state priorities like affordable housing and workforce development, and showcasing the real community impact of their work.

How They Did It:

  • $15 million for building new homes and rehabbing existing ones.
  • $9 million for home repair programs targeting seniors and people with disabilities.
  • $1 million for a statewide apprenticeship program to boost local job skills.

By working closely with state legislators and hosting site visits, Habitat for Humanity of Ohio was able to demonstrate how their programs directly supported the state’s recovery goals. This effort paid off with a major win that’s making a big difference for Ohio communities.

📖 Read More: Learn about Habitat for Humanity of Ohio’s SLFRF journey here.

📅 Upcoming Deadlines: The Clock Is Ticking!

Important Reminder: SLFRF deadlines vary by state and locality, but many are coming up by the end of 2024. Funds not allocated by the deadline will be returned to the federal government—don’t let that cash make a U-turn!

Additional details of this pool of money also available with the US Treasury