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L.A.'s Recovery: $586 Million from Feds in Stimulus Package, So Far
Los Angeles City Hall | Photo by tkksummers via Flickr
Los Angeles has earned $586 million dollars from the American Recovery Investment Act (you know, the Stimulus Package?), according to city officials speaking at a city council committee meeting last Friday.
That money includes $7.5 million granted for broadband technologies and $100 million for housing--both given to the city last week. Other awarded projects have included money for street resurfacing, a green jobs corp, sidewalk and curb reconstruction and a smart grid demonstration project.
Recent applications submitted to the federal government include $2.2 million for a transit oriented districts in South LA around the Green and Blue Lines, $48 million for energy efficiency in city buildings and $3.5 million for workforce training from the Department of Water & Power.
In total, Los Angeles has applied for 146 grants, totaling $1.47 billion. Of that, 82 have been awarded to the city equaling the aforementioned $586 million.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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