HomeMy WebLinkAboutIR 9079INFORMAL REPORT TO CITY COUNCIL MEMBERS
To the Mayor and Members of the City Council
No. 9079
June 23, 2009
Page 1 of 1
SUBJECT: American Recovery and Reinvestment Act — Weekly Update
The purpose of this report is to provide the City Council with regular updates regarding the
efforts of the City of Fort Worth and its regional partners to successfully apply for and secure
grant funding through the American Recovery and Reinvestment Act of 2009 (ARRA). The
ARRA Community Task Force will continue to meet twice each month to share information
about possible funding resources.
The following information will be posted on the city's website by Tuesday, June 23, 2009.
Local
-Organization
FORMULAFUNDS
Source of Recovery
Funding
Project Descriphon
Funding
Allocated
Fort Worth Housing
Public Housing Capital
Provides funding to address public
$ 2,496,958.00
Authority
Funds
housing maintenance needs,
U.S. Dept of Housing and
rehabilitation/ modernization and
Urban Development
management improvements that
have been delayed due to
insufficient resources.
With this new formula -based project, the total amount of formula allocations for the City of Fort
Worth and/or for our regional allies that will be reported on the website equals
$453,199,952.00. For competitive grants, the City of Fort Worth has submitted three
applications seeking a total of $797,674.00. Approvals of the competitive grant applications
are pending. In addition, the Water Department has submitted projects for consideration for
revolving loans for $26,000,000.00.
New on the City's ARRA website this week is a link to the City's Purchasing Department's
webpage. For the convenience of residents, we are also providing links to the websites that
have ARRA - related information for the Fort Worth Independent School District and the North
Central Texas Council of Governments. Other links will be provided as they become
available.
Should you have any questions or comments, please contact Reid Rector, Director of
Governmental Relations, at 817 -392 -1296.
A. Fisseler, P.E.
City Manager
ISSUED BY THE CITY MANAGER
FORT WORTH, TEXAS