Stimulus Package Planning Programs and Funding in The American Recovery & Reinvestment Act (ARRA) April 21st, 2009

Stimulus Basics $787 Billion Package Broad-based Legislation Shaped by Political, Economic Context Challenge of Balancing ‘Shovel Ready’ & Transformational A ‘down payment’ on Major Needs

“Never allow a crisis go to waste.” Rahm Emanuel, White House Chief of Staff

Breakdown of Dollars …

Five Purposes of ARRA ● Create & Preserve Jobs ● Invest in Increasing Economic Efficiency ● Stabilize State and Local Government Budgets ● Invest in Infrastructure & Energy to Provide Long-Term Economic Benefits ● Help those Most Affected by Recession

Accountability & Implementation No Earmarks Mostly Existing Formulas New Agency Guidance on Allocations, Distributions Recovery.gov Project Lists Detailed Reporting

Energy & Green Communities ♦ Energy Efficiency and Renewable Energy – Total: $16.8 billion $3.2 billion Energy Efficiency and Conservation Block Program $5.0 billion for Weatherization Assistance Program -$3.1 billion for State Energy Programs -$2.0 billion advanced battery manufacturing -$2.6 billion for R&D in Energy Efficiency and Renewable Energy $800mm for biomass -$400mm for geothermal -$50mm for IT & Communications efficiency -$300 million for Alternative Fueled Vehicles Pilot Grant Program -$400 million for transport electrification -$300 million for Energy Efficient Appliance Rebates Program and Energy Star Program

Energy Efficiency and Renewable Energy – Total: $16.8 billion

Energy & Green Communities ♦ Electric Delivery and Energy Reliability: $11.0 billion total for Modernization of the electric grid – $4.5 billion specifically for ‘smart grid’ applications; intended to set up digital technologies in the transmission grid that will save energy and costs and facilitate recovery from disruptions – $100 million for worker training –$80 million for detailed resource assessment of future transmission and demand requirements after consultation with FERC

Additional Funding Measures Energy & Green Communities Energy Tax Relief and Support ♦ Specific Energy Tax Schemes - Renewable Energy PTC extension $13.143 billion - Temporary substitute election of ITC $285 million - Grants to monetize ITC upfront ♦ General Business Tax relief - Depreciation bonus: $5.074 billion Additional Funding Measures ♦ Clean Energy Bonds - Increased authorized principal by $1.6billion - 1/3 for government; 1/3 for public power providers; 1/3 for electriccooperatives ♦ Loan Guarantee Program – $6.0 billion -Aimed at existing Transmission and Renewable Technologies. Administered by DOE

Historic, One Time Investment Education Historic, One Time Investment Over $100 Billion education investment Historic opportunity to stimulate economy and improve education Success depends on leadership, judgment, coordination and communication

Advance Core Reforms: Assurances Education Advance Core Reforms: Assurances College - and career ready standards and high quality, valid and reliable assessments for all students, including ELLs and students with disabilities Pre - K to higher education data systems that meet the principles in the America COMPETES Act Teacher effectiveness and equitable distributions of effective teachers. Intensive support and effective interventions for lowest -performing schools

The Secretary $5 Billion Education State Fiscal Stabilization Fund $53.6 Billion Formula Governors 48.6 Billion Competitive The Secretary $5 Billion Public Elementary, Secondary, and Institutions of Higher Education 81.8% ($39.8 billion) Race to the Top($4.35 billion) What Works and Innovation ($650 million) Education, School Modernization, Public Safety, or other Government Services 18.2% ($650 million)

Accountability and Transparency Education Accountability and Transparency All ARRA Funds Must be tracked separately Quarterly reports on both financial information and how funds are being used Estimated Number of jobs created Subcontracts and sub-grants required to comply with the Federal Funding Accountability and Transparency Act Reporting Template being developed for use by States to capture required information Transparency allows opportunity to quantify/define goals and mobilize support for improving results for all students

Total Obligated HHS Funds: $27.9 Billion (as of 4/10/09) Health Care HHS is committed to a timely implementation. Plans for spending, reporting, auditing, and investigation of fraud and abuse of Recovery funds are being developed and will be made available here. Total Obligated HHS Funds: $27.9 Billion (as of 4/10/09) Total Disbursements: $12.3 Billion (as of 4/10/09)

List of Programs for Which Funding Has Been Announced: Health Care List of Programs for Which Funding Has Been Announced: * Adoption Assistance and Foster Care Programs * Child Care and Development Fund * Child Support Incentives * Community Health Center Program * Community Services Block Grant Program * Comparative Effectiveness Research Funding * Disproportionate Share Hospital Program * Immunization Grants Program * Medicaid and Prescription Drug Funding * NIH Medical Research and Construction Funding * Senior Nutrition Programs * Temporary Assistance for Needy Families (TANF) Programs

Funding Overview Transit Total: $8.4 Billion New Starts $742 Million Transportation Funding Overview Transit Total: $8.4 Billion New Starts $742 Million Rail Mod $742 Million Highways & Bridges: $27.5 Billion Intercity & High Speed Rail: $9.3 Billion High Speed $8 Billion Amtrak $1.3 Billion Supplemental Multimodal: $1.5 Billion

Housing & Community Development Funding Overview CDBG $1 Billion Public Housing Capital $4 Billion Neighborhood Stabilization $2 Billion Tax Credit Assistance / HOME $2.25 Billion EDA $150 Million Homeless Assistance $1.5 Billion CDFI $100 Million Lead Hazard Reduction $100 Million Native American Housing Block Grant $510 Million Section 8 $2 Billion Energy Efficiency for Multifamily Housing $250 Million Rural Housing $200 Million

Online Resources for Stimulus Information ● Federal Clearinghouse for Stimulus Information http://www.recovery.gov ● Federal Agency Information & Guidance www.hud.gov/recovery http://www.fhwa.dot.gov/economicrecovery/index.htm http://www.fta.dot.gov/index_9118.html http://www.dot.gov/recovery/ http://www.epa.gov/recovery/ http://www.energy.gov/recovery/index.htm ● Also see the website of the APA. APA is a good resource and I used information from APA in making this presentation. See updates on: www.planning.org/policy/