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About the American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Barack Obama on Feb. 17, 2009. The act has five major objectives:
Of the $787 billion in total ARRA funding provided nationally, approximately $135 billion is being made available to state and local governments throughout the U.S. via competitive/discretionary or formula grants.
Of this $135 billion federal allotment, Nevada’s portion is $2.2 billion. A federal formula was used to determine this amount. Nevada state government will, in turn, provide potential funding for communities throughout the state. In addition, eligible Nevada communities will be able to apply for other competitive federal grant funds.
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