L.A.'s Recovery: $586 Million from Feds in Stimulus Package, So Far
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.