The American Recovery and Reinvestment Act of 2009 (Stimulus Bill)
The American Recovery and Reinvestment Act (ARRA) provides an estimated $787 billion to re-energize the U.S. economy. ARRA is part of the President's larger economic recovery plan which includes:
Financial Stability Plan
Capital Assistance Program
Homeowner Affordability and Stability Program
Emergency Economic Stabilization Act and the Troubled Asset Relief Program (TARP)
A public comment period regarding the TCAP Competitive Selection Process and Criteria as outlined in the ARRA Implementation Plan Draft (pages 6 through 9) is planned for May 14 through May 20, 2009.
Instances of fraud, abuse, or any inappropriate use of ARRA funds should be reported immediately to the Oregon Secretary of State Audits Division. Comments will be kept confidential.