Wednesday, June 17, 2009

City of LA working to win federal economic recovery funds

Our city is currently applying for grants through the American Recovery and Reinvestment Act and working to allocate funds we have already received in a way that will help us strengthen our economy. To date, the city of Los Angeles has been awarded over $289 million in grants.
Among the projects that we have submitted to receive federal ARRA funding are:
  • $19.2 million in Community Development Block Grants (CDBG) for a variety of economic recovery purposes such as repairing sidewalks, attracting new businesses, and providing foreclosure relief to homeowners
  • $18.3 million for LADOT Fast Charge Electric and Hybrid Electric buses, including increasing sustainability features for the DOT bus maintenance facility
  • $4.2 million for the Homeless Alternative to Living on the Street (HALO) program in Hollywood, a partnership between L.A. County Public Defender’s Office and the L.A. City Attorney’s Office that helps place individuals with mental health problems, into treatment, rehabilitation, and housing assistance programs.
The City Council's Ad Hoc Committee on Economic Recovery and Reinvestment meets on Fridays at 9 a.m. to develop and evaluate our grant applications and allocations. The public is welcome to attend these meetings. For more information please visit the city's economic recovery website.