8
1 American Recovery and American Recovery and Reinvestment Act of Reinvestment Act of 2009 Funding 2009 Funding NACAA Call NACAA Call February 19, 2009 February 19, 2009

American Recovery and Reinvestment Act of 2009 Funding

Embed Size (px)

DESCRIPTION

American Recovery and Reinvestment Act of 2009 Funding. NACAA Call February 19, 2009. 1. American Recovery and Reinvestment Act. President Obama signed Bill into Law on February 17, 2009 $789 billion economic stimulus package that includes DERA Final Allocation - PowerPoint PPT Presentation

Citation preview

111

American Recovery and American Recovery and Reinvestment Act of 2009 Reinvestment Act of 2009 FundingFunding

NACAA CallNACAA Call

February 19, 2009February 19, 2009

22

American Recovery and Reinvestment Act

President Obama signed Bill into Law on February 17, 2009• $789 billion economic stimulus package

that includes DERA Final Allocation

• $300M for DERA for National and State Programs

• 2% for EPA Administration

2

Four DERA ARRA Program Four DERA ARRA Program OpportunitiesOpportunities

National Competitive RFANational Competitive RFA SmartWay Finance RFASmartWay Finance RFA Emerging Technologies RFAEmerging Technologies RFA State Grant Allocation ProgramState Grant Allocation Program

States are eligible for all four States are eligible for all four programsprograms

33

44

State Program ARRA Allocation Details

National vs. State split remains same as FY 08 (70/30 split, etc.)

All DERA ARRA grants will focus on promoting economic recovery, preserving and/or creating jobs, and reducing diesel emissions.

$88.2M for State Program• If all 50 states and DC apply for funds: ~$1.7M• Otherwise, the DERA State allocation formula will

apply

4

55

State Program ARRA Funding Highlights

Removal of matching incentive provision States can use up to 15% for program

administration (personnel, travel, etc.) Removal of local and state mandate

restrictions States must establish new grants with

this funding Leftover funding reverts back to National

Program Time line:

• Expediency is a critical priority

66

State Program ARRA Funding Process

Time Frame will be fast –

EPA will send States NOI (notice of intent to apply)

EPA will send guidance document on program

EPA will Notify States of Amounts

Work plan template, budget, etc. due from States to Regions

EPA will Award grants to States

77

ARRA Reporting EPA will release guidance on new

ARRA reporting requirements• Job creation/retention• Frequency• Draw-down requirements

Centralized federal government ARRA reporting site: www.recovery.gov

88

Things To Do Now Prepare for implementation of this State

grant ARRA allocation program Prepare for other RFAs as applicable Communicate with potential fleet partners Stay in close contact with EPA Regional

office