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Tag Archives: stimulus

Hood: Beware of CARS scams

JACKSON — Attorney General Jim Hood is warning consumers of potential scams associated with the new federal incentive program CARS. The CAR Allowance Rebate System (CARS), also referred to as Cash for Clunkers, is a $1-billion federal government program designed to help consumers buy or lease a more environmentally-friendly vehicles from a participating dealer when they trade in a less ...

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SWRD&C gets USDA funding

BROOKHAVEN — Agriculture Secretary Tom Vilsack has announced the selection of 145 recipients for more than $15.3 million in grants to start or expand businesses in rural communities. Through American Recovery and Reinvestment Act funding, businesses will be able to access to critical capital that will help with start-up and working capital loans, building and plant renovations, transportation improvements, project ...

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SBA bond guarantees enhanced

WASHINGTON — Building on American Recovery and Reinvestment Act provisions implemented earlier this year, the U.S. Small Business Administration (SBA) announced it can now provide surety bond guarantees on federal contracts valued at up to $10 million, if the contracting officer certifies that the guarantee is in the best interests of the government. An interim final rule is available for ...

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Water association getting loan

LAUDERDALE COUNTY — U.S. Agriculture Secretary Tom Vilsack announced the selection of $250 million in water and environmental projects that are being funded immediately through the American Recovery and Reinvestment Act. The 32 projects will help provide safe drinking water and improved wastewater treatment systems for rural towns and communities in 17 states, Guam, and Puerto Rico. This is the ...

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FTC going after 'stimulus' scams

WASHINGTON — The Federal Trade Commission (FTC) testified before the U.S. Senate today on the agency’s campaign to crack down on scammers who are trying to take advantage of the economic downturn to push a variety of scams, such as phony job-placement and debt-reduction services, get-rich-quick schemes, and bogus government grants. David Vladeck, director of the FTC’s Bureau of Consumer ...

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Stimulus funding bridge replacement

PERRY COUNTY — The Mississippi Department of Transportation (MDOT) will soon oversee reconstruction of the Dickey Creek Bridge on Highway 198 near Beaumont in Perry County. The $1.4-million project was awarded to Tanner Construction Company Inc of Ellisville. Crews are scheduled to begin the bridge replacement project this week, with initial clearing work. The project is scheduled for completion by ...

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ARRA funding road project

HATTIESBURG — The Mississippi Department of Transportation (MDOT) will soon oversee the resurfacing of 5.3 miles of U.S. 49 through Hattiesburg from Edwards Street continuing north to 31st Avenue. The $8.3-million project, fully funded by the American Recovery and Reinvestment Act (ARRA), was awarded to Dunn Roadbuilders of Laurel. The project is scheduled for completion by the end of the ...

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More ARRA funding awarded

ACROSS MISSISSIPPI — Agriculture Secretary Tom Vilsack has announced the selection of nearly $66.4 million in essential community facilities projects in 33 states, including Mississippi, that are being funded immediately with federal funds provided through the American Recovery and Reinvestment Act. This is the third wave of Recovery Act community facilities investments announced by U.S. Department of Agriculture. Mississippi awards ...

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State gets more ARRA money

JACKSON — More than $153 million in American Recovery and Reinvestment Act (ARRA) funding has been released six states and a U.S. territory, including Mississippi. The State of Mississippi was awarded $16.1 million, which will be used to promote energy efficiency in state buildings and initiate selected renewable energy projects. The state plans to initiate a “lead by example” program ...

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Construction spending still slumping

WASHINGTON — Residential construction spending slipped 3.5 percent for the month and is down 33.3 percent from May 2008. Overall, total construction spending was down 0.9 percent compared to April and was 11.6 percent lower than levels in May 2008. “Until now, much of the talk about the stimulus package has been just that, talk,” said Associated Builders and Contractors’ ...

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