2024 Economic Relief Fund. The department of the treasury released updated data last month showing how state, local, territorial, and tribal governments are using $350 billion in pandemic. The child tax credit will be indexed to inflation, and the refundable portion of the tax credit will be incrementally increased for the years 2023, 2024, and 2025.
The american rescue plan has led to a historic recovery across the. The homeowner assistance fund (haf) authorized by the american rescue plan act, provides $9.961 billion to support homeowners facing financial hardship.