DCED Public meetings regarding broadband Provisions in the ARRA. For more information go to:  Notice_of_public_meeting1.pdf

 Build America Bonds: This program allows state and local governments to issue taxable bonds for capital projects and to receive a new direct federal subsidy payment from the Treasury Department for a portion of their borrowing costs. The IRS issued guidance for this program on April 3rd. For more information go to: http://www.irs.gov/newsroom/article/0,,id=206037,00.html

Small Issue Industrial Development Bonds Rule Change: The ARRA created temporary IRS rules for the issuance of industrial bonds by public authorities for the benefit of private companies. In the past, these programs were only available for the construction of a facility or the assemblage of machinery that would be deemed tangible property. The ARRA allows for these bonds to now be used in the creation of intangible property such as copyrights, patents, designs, etc. For analysis of the ARRA in this regards go to:  http://www.btlaw.com/files/Alert%20-%20Finance%20and%20Technology_ARRA%20Industrial%20Development%20Bonds.pdf

Links to Stimulus Programs available through DCED: http://www.newpa.com/find-and-apply-for-funding/economic-stimulus-plan/list-of-stimulus-programs/index.aspx

CDBG Grant Memo regarding available ARRA funds from DCED - 2009 CDBG HOME ESG 2nd Memo Annual Conference.pdf

State Contact - Donna M. Enrico, Chief of the Community Development Operations Division, (717) 720-7402 or denrico@state.pa.us

Housing and Urban Development - Rehabilitating and retrofitting public housing units, Community Development Block Grant funding (distributed consistent with 2008 formula), Neighborhood Stabilization Program

For More Information: http://www.hud.gov/recovery/

State Contact- Bryce Maretzki, Policy Director for the Department of Community and Economic Development (717) 720-1379

Labor and Employment - job training programs, including Workforce Investment Act, high-growth and emerging industries, adult employment training and youth activities.

For More Information: U.S Department of Labor and Industry http://www.dol.gov/recovery/

State Contact – Bryce Maretzki, Policy Director for the Department of Community and Economic Development, (717) 720-1379

Guidance on Economic Development Administration funds available from the ARRA to create jobs and boost development - http://www.eda.gov/InvestmentsGrants/FFON.xml

Transportation – most transportation funds for highways and bridges have been distributed through the state and MPO/RPOs. There will be dollars available for competitive grants through the federal government for surface transportation, aviation and rail.

Secretary Biehler announced on March 16 the list of projects, funded by ARRA dollars, that the MPOs and RPOs in conjunction with PennDOT agreed to put out for bid.

For a list of projects broken down by county:  ftp://ftp.dot.state.pa.us/public/Bureaus/Cpdm/Econ%20Recovery%20Website/Project%20Listing/Public%20List%20PDF%20for%20Web%20-%203.10.09.pdf

Please note this funding does not include the stand alone competitive grant program found in ARRA. Guidance is expected from the USDOT on that program in days.  

For More Information:

State Contact – James Ritzman, Director of Planning, PennDOT at jritzman@state.pa.us or (717) 787-3154