Economic Recovery Center
In February, Congress passed the American Recovery and Reinvestment Act (ARRA) in response to growing unemployment, budget shortfalls, and outdated infrastructure.
The ARRA contains no earmarks; instead it reduces taxes for 95% of working families and provides funding to state governments to help them handle their looming budgetary shortfalls. The ARRA also funds a number of federal competitive grant and loan programs that states, counties, municipalities, and local governmental and non-governmental organizations can
apply for.
Below, you will find links to webpages that contain more information about the major components of the ARRA.
• Click here to read about the tax incentives in the ARRA that will benefit every
Middle Tennesseean.
• Click here to read about funds that the ARRA provides to the State of Tennessee.
• Click here to read my "Middle Tennessee Resource Guide" about federal competitive grant
and loan programs that Middle Tennessee governmental and non-governmental organizations
can
apply for.
