Minneapolis aggressively pursues stimulus funding
The City of Minneapolis is moving swiftly and aggressively to ensure that federal stimulus dollars have the maximum possible impact on the city, its residents, and the region. Of the $787 billion dollars included in the American Recovery & Reinvestment Act, City staff have identified a pool of around $4.9 billion which Minneapolis and other communities could apply for competitive and discretionary grants.
City leaders developed the Minneapolis Economic Recovery Strategy to seek federal funding that preserves and creates jobs and makes public investments that translate into a more competitive future for the people of Minneapolis and this entire region. Over the next several months, Minneapolis will apply for federal stimulus funding for a variety of critical projects and initiatives – from public safety and infrastructure to technology and building a green economy.
The Minneapolis Economic Recovery Strategy focuses on securing funding in several strategic areas:
- Protecting public safety gains
- Retaining and creating jobs, and preparing workers for the 21st Century economy
- Modernizing infrastructure
- Leveraging Minneapolis’ wireless and technology infrastructure
- Supporting people and communities most impacted by the economic downturn
- Expanding our green economy and building a greener Minneapolis
- Promoting regional competitiveness and efficiencies
To guide the City's efforts in securing funding from the American Recovery & Reinvestment Act, Mayor R.T. Rybak and City Council President Barb Johnson created the City's Economic Recovery Action Team. The team is made up of leaders from across City departments who will work to identify strategic opportunities that advance the mutual goals of the City and the federal Recovery Act.
More information is available:
April 10, 2009
Published Apr 9, 2009