Loading in 2 Seconds...
Loading in 2 Seconds...
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
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 • $300M for DERA for National and State Programs • 2% for EPA Administration 2
Four DERA ARRA Program Opportunities National Competitive RFA SmartWay Finance RFA Emerging Technologies RFA State Grant Allocation Program States are eligible for all four programs
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
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
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
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
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