Wednesday, March 4, 2009

Stimulus Package

Mark Mioduski of the Cornerstone Group, Leon Andrews of the National League of Cities, and Audrey Haynes, Senior Vice President and Chief Government Affairs Officer of the YMCA of the USA, offered insights into the American Recovery and Reinvestment Act of 2009 at YMCA National Advocacy Days.

Methods of Allocation of "Stimulus Funds"
Formula (Example: CDBG)
Competition (Example: Prevention, Violence Prevention)
Demand (Example: High Need)
Automatic (Example: Medicare)
Agency (Example: HHS, etc.)

Seven Core Areas of "Stimulus" Focus
Community, Economic and Housing Development
Transportation
Public Safety and Homeland Security
Environment
Energy
Telecommunications
Youth and Education

Characteristics of the Act
Strict accountability and rigorous reporting
Expectations are high
Projects are many

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