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American Recovery Reinvestment Act

What is the stimulus (ARRA)?

The ARRA funds is a governmental investment in programs to jump start the economy. The total cost of the package is $828 billion, and consist of nearly $369 billion for upgrades to transportation, infrastructure, construction, health care, education, housing, and energy efficiency, $144 billion in state/local fiscal relief, and $288 billion in personal/business tax credits.

Distribution Formats

ARRA Distribution Formats

Federal Funding to Stimulate the Economy

  • 5 Key Elements
    • Job creation, retention, and maintenance
    • Environmental / Green / Energy Efficient
    • Shovel Ready
    • Made with American products
    • Heavily Monitored
  • Complications
    • Fast turn-around times – minimal up-front guidance
    • Difficult to write – many things need to be in place
    • Heavy monitoring – additional requirements and reporting
    • Minimal Matching/On-going expenses

ARRA Application Process

ARRA Application Process

ARRA Award Process

ARRA Award Process