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
Jan 02, 2016
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
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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
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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
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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
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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
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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
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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
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