AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA)

The Recovery Act was passed by Congress and signed into law by President Obama on February 17, 2009. The purpose of the $787 billion Recovery package is to jump-start the economy to create and save jobs. The Act specifies appropriations for a wide range of federal programs, and increases or extends certain benefits under Medicaid, unemployment compensation, and nutrition assistance programs. Long-term investment goals include:

  • Beginning to computerize health records to reduce medical errors and save on health-care costs
  • Investing in the domestic renewable energy industry
  • Weatherizing 75 percent of federal buildings and more than one million homes
  • Increasing college affordability for seven million students by funding the shortfall in Pell Grants, raising the maximum grant level to $500, and providing a higher education tax cut to nearly four million students
  • Cutting taxes for 129 million working households by providing an $800 Making Work Pay tax credit for qualified individuals
  • Expanding the Child Tax Credit

To date, the City of El Monte has been awarded approximately $9.6 million for ten approved projects. The links below contain specific information on each of these ten projects.

  • Neighborhood Stabilization Program
  • US DOJ Byrne memorial Competitive Grant Category I
  • US DOJ Byrne memorial Competitive Grant Category IV
  • Energy Efficiency and Conservation Block Grants