Hancock could see $1.28 million under stimulus plan

by Geoff Fox

Under the recently passed American Recovery Plan (ARP), direct aid has been earmarked for state and local recovery funds.

Town officials said Hancock reportedly could see $1,277,000 of that stimulus package, which Mayor Ralph Salvagno said was a “pretty incredible amount.”

The purpose and use of the monies is to provide essential workers a premium pay; cover revenue loss occurred due to COVID-19; make necessary investments in water, wastewater, and broadband infrastructure; and respond or mitigate COVID-19 health emergencies or negative economic impacts including assistance to households, small businesses, and non-profits as well as aide for tourism and hospitality.

“It’s my understanding that a certain portion will be allocated within 60 days,” Salvagno said. The second part will come a year after.

The promised $1.28 million would put the town in a good spot moving forward with tourism and infrastructure projects already in place, the mayor said.