FEATURED NEWS
Phoenix to Receive $220.5 Million, More Funding on the Way
Phoenix Put Stimulus Dollars to Work on Tuesday, May 19
$36.4 Million for Tres Rios Restores Salt River, Creates 386 Jobs
$10.5 Million for Airport Project that Creates 285 Jobs
Phoenix to Receive More than $15 Million in Energy Money
$7.2 Million for Low-Income Residents for Home Weatherization
Phoenix to Receive $53.2 Million for Public Transit Projects
Phoenix Allocated $35 Million for Streets Projects
Phoenix Allocated $39 Million in Neighborhood Stabilization Funds from the Housing and Economic Recovery Act
You Could Be Eligible for $15,000 in Down Payment Assistance Through the Phoenix Neighborhood Stabilization Program
National Endowment for the Arts Announces $50 Million for Art Projects and Activities
Phoenix Receives $5.9 Million in Byrne JAG Law Enforcement Grants
Mayor Gordon Unveils Green Phoenix Initiative During State of the City Address; U.S. Secretary of Energy Steven Chu Endorses Plan
The city of Phoenix is aggressively working to secure funding from the American Recovery and Reinvestment Act to create local jobs and stimulate our economy. President Obama created a Web site, recovery.gov, to ensure that this new law is carried out with transparency and accountability across the country. The city created this site, phoenix.gov/recovery, to mirror the transparency and accountability at the federal level, and to serve as a resource for our community.
With the current state of our economy, we realize that this stimulus legislation has the potential to provide immediate funding for projects that will boost our economy and create jobs. The stimulus provides funding in two ways - formula funds and competitive grants.
The same week this legislation was signed into law, Mayor Gordon met with President Obama, Vice President Biden, and members of the Cabinet along with other mayors to discuss the implementation of the legislation and to advocate for Phoenix projects that are “shovel-ready.”
The Mayor and City Council will continue to work closely with city staff to pursue competitive grant opportunities with the goal of to obtaining as many benefits of the ARRA as possible for the residents of Phoenix. The city wants to use these funds to put as many people to work as quickly as possible.
In addition to providing funding through federal programs, this new law includes several tax provisions that may impact residents, and the Small Business Administration has provided a summary of how the law will impact small business owners.
While the city will remain focused on securing dollars from the stimulus legislation, we also are closely monitoring the President’s new legislation regarding foreclosure prevention. For more information, visit our Federal Legislation on Foreclosure Prevention Web page.