Sentences with phrase «federal recovery funds»
Counted separately from the budget, the administration estimates another $ 2.4 billion in federal recovery funds for rebuilding from superstorm Sandy and $ 2.5 billion for New York's implementation of the federal health insurance overhaul law.
http://newyork.cbslocal.com/ Not exact matches
WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday.
In turn, the manufacturing - sector recovery, combined with a low neutral federal funds rate, is increasing «the odds of a long lasting US equity bull market,» Einhorn wrote.
The essential services still allowed for withdrawal, in order of priority, include certain federal funds, payroll, and money for police, fire, medical, education, and disaster recovery operations.
With the global economic recovery consolidating over the past three months, the main focus of markets has been on the likely timing of the first increase in the US federal funds rate from its 45 - year low of 1 per cent.
The size of the GEA in part reflects the loss of $ 1.3 billion in one - time Federal funding provided by the American Recovery and Reinvestment Act of 2009 and the Education Jobs Fund of 2010.
Gov. Andrew Cuomo is investing $ 750 million of taxpayer funds and the hopes of a community desperate for an economic recovery in a company that is losing money, weathering two federal investigations and facing, by its own admission, an uncertain economic future.
Although less than 9 percent of the city's overall budget is comes from federal aid — excluding Community Development Block Grant - Disaster Recovery and other Hurricane Sandy - related aid — 11 out of more than 40 mayoral agencies that represent 59 percent of total city spending get 92 percent of federal grant aid, according to Stringer's initial analysis of federal funding, which he conducted to pinpoint what's at stake for New Yorkers ahead of Trump's inauguration in January.
He plans to pay for this using federal funds and increased recoveries, thereby rendering the initiative cost neutral to New Yorkers.
«It would be totally out of place to move the funds to the federal government asset recovery account as reported,» the statement read.
Democratic Congressman Sean Patrick Maloney says he pushed through a lot of bureaucratic red tape to secure federal investment, and worked with HUD to reallocate funds to fulfill unmet Hurricane Irene recovery needs.
«By reaching this federal funding threshold for post-storm recovery costs, the financial impact will be lowered considerably for the non-federal share of repairing and restoring our communities.
GOVERNOR CUOMO ANNOUNCES CHANGE IN FEDERAL FUNDING FORMULA FOR SANDY RECOVERY added by dskriloff on May 23, 2013 View all posts by dskriloff →
The Cheektowaga Public Library PCC was one of thirty libraries in the state funded with a $ 244,517 grant provided by the New York State Library Broadband Technology Program funded through the federal American Recovery and Reinvestment Act.
The Workforce Investment Board of Herkimer, Madison and Oneida Counties is surveying local employers throughout the region as part of its effort to secure federal Recovery Act funding that can train area residents for green jobs.
Gov. Scott announced this week that the Department of Economic Opportunity had submitted a plan that would see Florida use $ 616 million in federal disaster recovery funds to build new affordable housing and provide grants to severely impacted businesses.
Lopez says the agency has some 400 people on the ground, and that billions of dollars of federal funding have been committed to the recovery.
Scott, expected to challenge Nelson for the U.S. Senate seat in November, said that in addition to helping with recovery of the citrus industry, the federal funding will «better prepare our communities as they continue to welcome families displaced by Hurricane Maria and aid in Puerto Rico's recovery.»
Economic stimulus funding through the federal Recovery Act will direct $ 19 million towards Oneida County over the next two years to help deal with Medicaid costs.
This funding comes in addition to more than $ 600,000 available for youth programs through the federal American Recovery and Re-investment Act.
Funding is geared to help offset the costs of storm - related repairs and restoration of structures not covered by other federal, state or local recovery programs.
In the memorandum, the Commission also made other proposals for amendment such as: limiting board membership of the Commission to seven persons as against thirteen that currently obtains; returning recovered proceeds of corruption to their original sources whether Federal, State, Local Government or private persons; retaining a percentage of its recoveries to help fund the Commission; amongst others.
In the American Recovery and Reinvestment Act of 2009 — otherwise known as the stimulus bill — the NSF received $ 15 million of federal funds to create more PSM programs and to improve those that already exist.
Needed: a strategy to promote resilience Compiling a list of suggestions, they push federal agencies to «make resilience a core aspect of all federal infrastructure and disaster - recovery funding» to strengthen affordable housing; ask for federal leaders to expand funding for programs, such as the Low Income Home Energy Assistance Program, so at - risk municipalities can develop disaster plans and assess their vulnerabilities; and boost economic stability by opposing cuts to the Supplemental Nutritional Assistance Program, or SNAP, so families can afford to eat after a disaster.
But with the budget boosts for federal science agencies provided by 2009's American Recovery and Reinvestment Act drying up in 2011, science advocates are concerned that Obama's funding freeze may spell the steep budgetary drop - off in the next fiscal year that many dread.Image: US Senate»
In 2009, the federal government overhauled the Title I School Improvement Grant program, increased its value to $ 3.5 billion with money from the recovery act, and spelled out four turnaround options from which perennially failing schools would have to choose to get a share of the funding.
This year's report also features a special analysis by the Editorial Projects in Education Research Center, which tracks several key economic indicators over time, unpacks education funding tied to the federal American Recovery and Reinvestment Act, and identifies education - related jobs saved as a result of the economic stimulus package.
Indeed, the majority has called in the past for a cut of $ 1 trillion in NDD funding.100 At the federal level, NDD spending is poised to be at its lowest, as a percent of GDP, since 1962, the lowest point on record.101 With states still struggling to stabilize their budgets after the 2008 recession, a deep cut in NDD would halt positive momentum toward recovery.
Two unique opportunities exist within ESSA for states to utilize funding that would have gone to districts under past federal formulas, but can now be used for specific programs or purposes like personalized learning, credit recovery, or programs that support school leaders or principals.
WASHINGTON — U.S. Department of Homeland Security Secretary Janet Napolitano, Department of Education Secretary Arne Duncan, and Federal Emergency Management Agency (FEMA) Administrator Craig Fugate announced today the final agreement for the obligation of $ 1.84 billion dollars in funding for the state of Louisiana's Recovery School District (RSD) and Orleans Parish School Board (OPSB
WASHINGTON — U.S. Department of Homeland Security Secretary Janet Napolitano, Department of Education Secretary Arne Duncan, and Federal Emergency Management Agency (FEMA) Administrator Craig Fugate announced today the final agreement for the obligation of $ 1.84 billion dollars in funding for the state of Louisiana's Recovery School District (RSD) and Orleans Parish School Board (OPSB) for the repair and replacement of public schools in Orleans Parish, including the City of New Orleans, damaged by Hurricane Katrina.
The funding is from two federal sources, including $ 1.75 million under the No Child Left Behind act and the remaining $ 3.45 million from the American Recovery and Reinvestment Act, also known as stimulus money.
In 2009 the federal American Recovery & Reinvestment Act required states, as a condition of receiving State Fiscal Stabilization Funds, to commit to building a data system consisting of these elements.
To further the work of the PSCI, LAUSD joined with researchers from the USC Rossier School of Education, Unite - LA / Chamber of Commerce, the United Way of Greater Los Angeles, and several other partners to bid on a grant from the federal Investing in Innovation Fund (i3), part of the historic $ 5 billion investment in school reform in the American Recovery and Reinvestment Act.
For the past few years, federal emergency recovery funds made up at least part of the shortfall in state and local revenues caused by the steep recession, but that won't happen again.
First established as part of the American Recovery and Reinvestment Act (otherwise known as the «stimulus» legislation), and now continued as a regular Department program in the fiscal 2012 year, i3 was intended to shift the innovation ecosystem toward greater quantity, rigor and diffusion of innovation, to thread innovation into the way the Department itself works (including the use of a «field scan» mechanism) and to align funding for the «supply» of innovation with the «demand» the U.S. Department of Education had created through other federal programs.
After all, on that basis, the federal Race to the Top program (which was originally funded as part of the American Recovery and Reinvestment Act) would also be illegal; but it isn't because it actually complies with the original law itself.
The project received $ 400 million in American Recovery and Reinvestment Act of 2009 funding via the Federal Railroad Administration for Phase 1 to build the train box below ground.
WASHINGTON — Today, Secretary Foxx announced the Federal Transit Administration (FTA) will allocate the final $ 834.6 million available in Hurricane Sandy disaster recovery funding.
And it could damage the fragile economic recovery... Federal lawmakers need to step up and continue funding for the agency.»
With limited Federal rail funding available before the Recovery Act, no comparable capacity existed for rail planning.
It also builds on the disaster assistance efforts President Obama approved in the last several days, including major disaster declarations, which make federal assistance - like these emergency relief funds - available to supplement state and local response and recovery efforts.
Federal funding for these projects comes from Fiscal Year 2009 Recovery Act appropriations, and a contribution of $ 600,000 toward the preliminary work on the new station will come from NYSDOT.
«Arkansas has waited a long time for this project and thanks to Recovery Act funds and the dedication of state and federal transportation partners, the wait is over,» said Secretary LaHood.
The Administration has also provided funding from a number of sources for the restoration of Denver's historic Union Station, the centerpiece of FasTracks, including $ 28.4 million from the Recovery Act, $ 59.5 million in other federal grants, and more than $ 300 million in federal loans.
The $ 36 million project is funded in part by more than $ 34 million in federal dollars, including $ 25 million from the American Recovery and Reinvestment Act (ARRA) and $ 9 million in additional federal transit funds directed to the Bi-State Development Agency of the Missouri - Illinois Metropolitan District.
In December 2015, as the U.S. continued on the road to recovery from the Great Recession, the Fed raised its target for a key short - term interest rate (the federal funds rate) for the first time since 2006.
The American Recovery and Reinvestment Act and the proposed federal Fiscal Year 2010 budget provide increased funding for education from «cradle to career.»
For example, the closed school loan discharge payments would cover the federal loan balances while the tuition recovery fund payments could cover expenses such as private loans and cash payments that were directed toward tuition payments at your closed school.
The natural byproduct of this recovery is that the Federal Reserve has recently increased the federal funds (interest) rate, which is the benchmark for other interest rates across the nation, including loans of everFederal Reserve has recently increased the federal funds (interest) rate, which is the benchmark for other interest rates across the nation, including loans of everfederal funds (interest) rate, which is the benchmark for other interest rates across the nation, including loans of every type.