Kagen Announces First Allocation of Recovery Act Funding
Press Release Media Contact: |
||||||||||||||||||||||||||||||||||||||||||||||
KAGEN ANNOUNCES FIRST ALLOCATION OF
|
||||||||||||||||||||||||||||||||||||||||||||||
|
February 28, 2009 |
||||||||||||||||||||||||||||||||||||||||||||||
| Appleton, WI — Congressman Steve Kagen, M.D. announced that the first round of funding for the 8th Congressional District from the American Economic Recovery and Reinvestment Act has been allocated. The U.S. Department of Housing and Urban Development will distribute millions of dollars in Community Development Block Grants, Public Housing Capital Funds and Native American Housing Block Grants to communities throughout Northeast Wisconsin which will rebuild our neighborhoods and create jobs.
“Our goal was to act swiftly to jumpstart our economy and create jobs and I am proud to say that that process has begun,” said Kagen. “Through these grants we are making an investment in our future and creating jobs right now. It is a great first step toward building a better nation for all of us, and I am working hard to make sure our economic recovery continues.” The American Economic Recovery and Reinvestment Act was signed into law just eleven days ago. This transformational legislation will generate an estimated 70,000 jobs across Wisconsin, including more than 8,000 jobs in the 8th Congressional District. Additionally, 95% of the working households in America – approximately 181,000 households in the 8th District – will receive a tax cut which they will see in their paychecks beginning on April 1st. The Recovery Act represents a new standard for transparency and accountability. All announcements of contract and grant competitions, awards, and formula grant allocations must be posted on www.recovery.gov. It must also include the names of agency personnel to contact with concerns about infrastructure projects. Public notice of funding must include a description of the investment funded, the purpose, the total cost, and why recovery dollars should be used. Governors, mayors, or others making funding decisions must personally certify that the investment has been fully vetted and is an appropriate use of taxpayer dollars. Last week, Congressman Kagen visited the Wisconsin Office of Recovery and Reinvestment, created by Governor Doyle, to discuss how the federal funds from the American Recovery and Reinvestment Act will be administered quickly to create jobs in Northeast Wisconsin. The Office of Recovery and Reinvestment encourages suggestions for projects that create jobs and fit the federal criteria through their website at www.recovery.wisconsin.gov. Congressman Kagen has also made this information available on his web site at www.kagen.house.gov . Below is a list of the grants for the 8th Congressional District. Public Housing Capital Funds are allocated to provide funding for development, financing, and modernization of public housing. Formula funds must be allocated within 30 days of enactment. The following will receive Public Housing Capital Funds:
Community Development Block Grant are allocated to provide funding for low-income benefit requirements, including but not limited to: property acquisition; code enforcement; clearance, rehab, reconstruction, construction of buildings; development activities through nonprofits; economic development assistance; relocation; technical assistance; housing services and homeownership assistance. Recipients must prioritize use for projects that can award bid-based contracts within120 days from funding availability. The following will receive Community Development Block Grants:
Native American Housing Block Grants are allocated to develop or support rental or ownership housing or provide housing services to benefit low-income Indian families on Indian reservations and other Indian areas. Formula funds must be allocated within 30 days of enactment. The following will receive Native American Housing Block Grants:
|
Leave a Reply