Nearly $4 Billion in Recovery Funds Now Available for California to Save Jobs and Drive Reform
Application for Part 1 of California's State Stabilization Funds Approved Today
U.S. Secretary of Education Arne Duncan today announced that nearly $4 billion is now available for California under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. California will be eligible to apply for another $2 billion this fall. Today's funding is being made available per California's successful completion of Part 1 of the State Stabilization Application, which was made available April 1. California is the first state to be approved for the first round of state stabilization funding.