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Tag Archives: American Recovery and Reinvestment Act

Second round of energy program underway

JACKSON — The Mississippi Development Authority (MDA) is accepting applications for round two of the Mississippi Job Protection through Energy Economic Development Program. This program, funded by the American Recovery and Reinvestment Act of 2009 (ARRA), provides grants to eligible Mississippi businesses for energy-efficient retrofits and upgrades to their facilities with the goal that the resulting savings would make the ...

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CARS program's salvage period extended

WASHINGTON — The National Highway Traffic Safety Administration (NHTSA) this week expanded by 90 days the amount of time salvage yards have to harvest and reuse non-engine components under the Car Allowance Rebate System (CARS) program. Engines were required to be permanently disabled for environmental reasons. Under the new rule, disposal facilities now have a total of 270 days before ...

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Fed to deal with stimulus funding

WASHINGTON — Now that the U.S. economy is on the mend, the Federal Reserve this year can focus on how and when to pull back the stimulus money pumped out to fight the financial crisis. With his prospects for another term brightening, Fed chief Ben Bernanke will lead that effort. At their first meeting of the year, Fed policymakers are ...

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Road projects not bringing enough jobs

WASHINGTON (AP) — Ten months into President Barack Obama’s first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found. Spend a lot or spend nothing at all, it didn’t matter, the AP analysis showed: Local unemployment rates ...

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Broadband funds not coming here

Vice President Biden yesterday kicked off $7.2 billion in American Recovery and Reinvestment Act broadband grant and loan programs, of which $2 billion will be made available on a rolling basis over the next 75 days to bring high-speed Internet to communities that currently have little or no access to the technology. At an event at Impulse Manufacturing in Dawsonville, ...

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Stimulus-funded grants awarded by MDA

ACROSS MISSISSIPPI — The Mississippi Development Authority (MDA) has awarded 25 grants in the first round of the Mississippi Job Protection through Energy Economic Development Program. A part of the State Energy Program (SEP) funded by the American Recovery and Reinvestment Act of 2009 (ARRA), the Job Protection Program allocated $5.2 million to eligible companies in this round. Another $4.8 ...

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Public Service Commission getting ARRA funds

JACKSON — The Mississippi Public Service Commission (PSC) will receive $824,901 in American Recovery and Reinvestment Act (ARRA) funds, according to Congressman Travis Childers (D-Miss.). This funding is part of the ARRA’s investment in state PSCs to help create jobs, improve training and increase energy efficiency. With this ARRA funding, the PSC will create and provide training for five new ...

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Treasury gives stimulus update

Washington – As part of an effort to highlight the success of the American Recovery and Reinvestment Act (Recovery Act) in revitalizing communities across the country, the U.S. Department of the Treasury has released a report providing data on Treasury program funding. The report, issued around the 200-day anniversary of the Recovery Act, details funds provided to states, local communities, ...

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FTA beats ARRA deadline

Washington – U.S. Transportation Secretary Ray LaHood announced that the Federal Transit Administration (FTA) has achieved a crucial milestone. It beat the Sept. 1 deadline to provide all states and local communities 50 percent of their American Recovery and Reinvestment Act (ARRA) transit formula dollars. In fact, FTA provided nearly 90 percent of its $7.5-billion transit stimulus money to states ...

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MDOT gives ARRA facts on progress being made

BILOXI — During a recent news conference, leaders of the Southeastern Association of State Highway and Transportation Officials (SASHTO) showcased the progress being made to create and preserve jobs through the American Recovery and Reinvestment Act (ARRA) funds. Larry L. “Butch” Brown, executive director of the Mississippi Department of Transportation (MDOT) and SASHTO president said, “The proof is in the ...

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