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HomeLocal NewsParsippany to receive $5,387,477.24 from Biden’s COVID Plan

Parsippany to receive $5,387,477.24 from Biden’s COVID Plan

PARSIPPANY – The American Rescue Plan signed by President Joseph Biden awards $10.2 billion to New Jersey.

Township of Parsippany-Troy Hills will receive $5,387,477.24 under the stimulus plan.

While community leaders cannot use the money to pay pension debts or provide tax cuts, there are few limits on the money. Governments can pay for infrastructure upgrades, hazard pay for workers, parks, downtown improvements and the like.

Communities  have until 2024 to spend the money.

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Frank L. Cahill
Frank L. Cahill
Publisher of Parsippany Focus since 1989 and Morris Focus since 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, President of Kiwanis Club of Tri-Town and Chairman of Parsippany-Troy Hills Economic Development Advisory Board.
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