Equitable Distribution of Federal Resources
The United States is in a moment of unprecedented public spending that has the potential to benefit virtually every issue that the philanthropic sector supports. Together, the American Rescue Plan (ARP) and the Infrastructure Investment and Jobs Act (IIJA) will deploy $3.1 trillion to American communities, and there is also the possibility of more federal funding on the horizon. Importantly, the Biden-Harris Administration has baked in opportunities to advance racial equity in all of these federal funding streams.
While this legislation has the potential to transform the lives of millions of low-income Americans and their families, success will require strategic coordination between myriad stakeholders, including community-based and other civil society organizations; federal, state, and local government; philanthropy; the private sector; and others. Understanding the interplay between these funding streams will be critical to maximizing the impact of federal dollars in local communities, and centering community voice—especially among BIPOC populations—will be vital to achieving long-term racial equity goals.
Racial Equity Executive Order
On his first day in office, President Biden signed the Executive Order on Racial Equity and Support for Underserved Communities Through the Federal Government. The executive order presents an enormous opportunity to advance racial equity and transform the federal government in a lasting way. Racial equity will play a central role in driving policy and practice for the entire federal government and in determining the allocation of future resources if the promise of the EO is fully realized.
American Rescue Plan and the Infrastructure Investment and Jobs Act
The Biden-Harris Administration took office committed to containing COVID-19, reducing child poverty, supporting an equitable economic recovery, and addressing racial inequities. The $1.9 trillion American Rescue Plan (ARP) and the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) are central to advancing these goals, delivering immediate relief for American workers, strengthening our infrastructure, and addressing longstanding systemic inequities that have been exacerbated by the pandemic.
State and local governments, philanthropic institutions, civil society actors, and other stakeholders––in collaboration with the federal government––are poised to maximize the impact of these and other potential once-in-a-generation investments.
To inform implementation efforts, Hyphen produced Leveraging American Rescue Plan Implementation to Advance Racial Equity to identify initial ARP-related philanthropic investments, as well as existing collaborations where further investments and collaborations may be needed. Hyphen has also compiled a list of ARP-related resources on community engagement, coordination with state and local officials, equity, narrative change, and data/evidence.