Hare announces over $18 million in Recovery Act Funding to assist R.I., Moline, and Sterling


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Posted Online: Jan. 15, 2010, 1:13 pm
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Press release submitted by Congressman Phil Hare

WASHINGTON, DC-Congressman Phil Hare (D-IL) today announced that the Rock Island Economic Growth Corporation (GROWTH) has received $18,530,708 from the American Recovery and Reinvestment Act.

"This substantial investment from the economic recovery package will go a long way toward reviving our local economy, putting people back to work, and keeping families in their homes."

The grant is being awarded under the U.S. Department of Housing and Urban Development's Neighborhood Stabilization Program. GROWTH was among 60 recipients selected nationwide and will partner with the city of Moline, city of Rock Island, city of Sterling, and the Illinois Housing Development Authority.

"By investing Recovery Act dollars in revitalizing hard-hit neighborhoods, we're not only creating new job opportunities, but giving communities across the country an opportunity for a fresh start," said Vice President Joe Biden. "These competitive awards go to the heart of the Recovery Act: funding innovative projects that both provide immediate relief and help lay a new foundation for long-term economic growth."

NSP grants are designed to build on the work being done now to help state and local governments and non-profit developers collaborate to acquire land and property; to demolish or rehabilitate abandoned properties; and/or to offer down-payment and closing cost assistance to low- to middle-income homebuyers.

Hare strongly supported the American Recovery and Reinvestment Act. The nonpartisan Congressional Budget Office estimates this legislation has created up to 1.6 million jobs nationwide.




















 



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  Today is Thursday, April 24, the 114th day of 2014. There are 251 days left in the year.

1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East.
1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil.
1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport.
1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island.
1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis.
1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.








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