DENVER (CBS4)- More than $300 million in federal funding will go to Denver to help restore city services, lift furloughs and increase vaccination efforts.READ MORE: 3 Dead In Olde Town Arvada Shooting, Including Arvada Police Officer Gordon Beesley, 1 Civilian, 1 Suspect
The first half of the $308 million will be received this month with the remaining a year later.READ MORE: 'Monumental Day': Jeremy Bloom Reacts To Supreme Court Ruling On Student-Athlete Payments
“We expect to receive the first allotment of dollars from the U.S. Treasury in the coming days and will be combining this relief with planned local investments to support our recovery,” said Chief Financial Officer Brendan Hanlon.
City officials say it will start identifying funding priorities this month.MORE NEWS: 40% Of Colorado COVID Cases Are New, More Transmissible Delta Variant, Health Officials Say
“These American Rescue Plan funds will help to deliver on a once-in-a-generation opportunity to shape a sustainable, equitable recovery for our city,” Mayor Michael B. Hancock said.