Michigan Recovery and Reinvestment Plan michigan.gov/recovery 1 The Recovery Act in Michigan SMACNA Metropolitan Detroit Chapter November 2009.

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Presentation transcript:

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 1 The Recovery Act in Michigan SMACNA Metropolitan Detroit Chapter November 2009

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 2 The American Recovery and Reinvestment Act (Recovery Act) Signed into law on February 17, 2009 A strategic investment in our nation’s future Help Save and Create Jobs Help to vulnerable citizens

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 3 Recovery Act Supports Michigan’s Economic Plan Our plan :  Create jobs and diversify our economy  Educate and train our students and workers  Protect our citizens during tough times The Recovery Act is accelerating our plan

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 4 Visit michigan.gov/recovery often for grant applications and the latest funding updates! Existing programs More than $7 billion expected Nearly $6 billion already allocated Competitive grants Billions already awarded; billions more still available Tax cuts Estimated benefit to Michigan workers, families and small businesses = $11 billion How Are the Funds Coming to Us?

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 5 Where is the money going? The Recovery Act is Helping Citizens in Need Unemployment Benefits Medicaid & Community Health Centers Food Assistance and Senior Nutrition Emergency Housing Weatherization and Energy Assistance Tax Cuts

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 6 Where is the money going? The Recovery Act is Helping Communities in Need –COPS & Byrne JAG –Energy Efficiency Conservation Block Grants –Public Housing Infrastructure –Neighborhood Stabilization Program –Fire Station Construction Grants –Sewer and Drinking Water Infrastructure –Community Development Block Grants

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 7 Where is the money going? The Recovery Act is Helping Students, Workers and Schools Billions for At-Risk Programs, Special Education New Tax Credit to make college more affordable Increased Pell Grants Expanded No Worker Left Behind Funding for Head Start and Early Head Start High Growth Sector Job Training

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 8 Where is the money going? The Recovery Act is Creating Jobs and Diversifying Michigan’s Economy Infrastructure investments, including roads, bridges and mass transit Advanced Battery competitive grants High Speed Rail Broadband Smart Grid Health IT

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 9 What priorities is it funding?

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 10 Where is the money going?

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 11 Where are jobs being created or retained?

Michigan Recovery and Reinvestment Plan michigan.gov/recovery 12 On the Web… White House Recovery Portal: State of Michigan Recovery Portal: