In the interest of transparency, I would like to update you on the allocations that the City expects to receive through the US Government's Stimulus Package. This information changes weekly, but below is what we know so far. Click on the headings to read additional information on how the allocated funds will be spent and their impact on the economy. Look for updates about the Stimulus Package from me over the coming weeks.
Bob Coble, Mayor, City of Columbia
Stimulus Update*
Columbia has been notified that it will receive the following in formula allocations from the American Recovery and Reinvestment Act (ARRA) of 2009.
Department of Justice
- Edward Byrne Memorial Justice Assistance Grant (JAG) - $597,483
Department of Housing and Urban Development
- Community Development Block Grant (CDBG) - $342,783
- Homeless Prevention Fund - $524,731
- Public Housing Fund (to be administered by the Columbia Housing Authority) - $5,259,694
- Section 8 Project-Based Rental Assistance - $1,951,043
Department of Transportation
- Transit Capital Assistance Grant (for the Columbia metropolitan area) - $5,346,374
- Columbia Area Transportation Study (COATS) - $14.5 million; Of the $14.5 million allocation, an estimated $6.5 million expected to go towards the North Main Street Reconfiguration Phase 1B.
Department of the Energy
- Energy Efficiency and Conservation Block Grant (EECBG) - Definite allocations have not been released but are expected the week of March 15, 2009.
While the City has been notified of these impending funds (to-date totaling, $20,522,108) monies have not yet been received. In the meantime, the City and the affected agencies are in the process of gathering information on projects to be funded and completing the various applications necessary to acquire and disburse funds.
*As of March 13, 2009
