Stimulating Arlington County
President Obama signed the American Recovery and Reinvestment Act (ARRA) of 2009, the so-called stimulus bill, on February 17, 2009, which provided “more than $575 billion of new federal spending” to help the country work its way out of the recession of 2008. According to the County Manager’s webpage, the county “developed a formal framework to take full advantage of the additional federal funding – while also being transparent and meeting all performance management and audit requirements.”
According to the Decdember 12, 2009 “funding status” report, Arlington has received $29,348,838 of “total funds received, confirmed, or benefitting Arlington.” This includes:
- Funds received -- $273,381
- Funds confirmed -- $11,056,219
- Funds benefitting Arlington -- $15,900,000. This includes $10.3 million for the Courthouse Road Interchange Project and two house projects (Macedonia Apartments, $2.4 million, and The View at Clarendon, $3.2 million)
- Funds status unknown -- up to $17,500,000 for a Transportation Investment Generating Economic Recovery Grant