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Stimulating Cities: $$$

27 February 2009 No Comment

Hard figures beginning to shake out of the President’s stimulus bill. What does this mean for Rust Belt cities? Money. Lots of money.

More than $417 million is being sent to Ohio by the U.S. Department of Housing and Urban Development

$475 million has been earmarked for Great Lakes clean-up, 10-times larger than any previous award.

$23 million will be delivered to the Gary, Ind. area.

Milwaukee is getting $22.6 million.

The Cleveland Metropolitan Housing Authority will receive $35 million.

The Erie Housing Authority: $4.6 million.

Minneapolis is getting $20 million for light rail, plus a great big list of other projects.

This will be an exciting opportunity for many cities whose budgets have traditionally limited plans for infrastructure projects and community development. I’m interested to see how it is all put to use.

http://blog.cleveland.com/openers/2009/02/obamas_budget_includes_475_mil.html

http://www.startribune.com/politics/national/house/40427067.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUrhttp:

//www.goerie.com/apps/pbcs.dll/article?AID=/20090227/NEWS02/302279948/-1/ETN


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