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 Saturday, Aug. 23, the 235th day of 2014. There are 130 days left in the year.

1864 -- 150 years ago: Telegraph reports state that, about 6 o'clock on the evening of the 20th, Quantrill, with about 800 of his thieves and robbers, surrounded Lawrence, Kan., and burned it to the ground.
1889 -- 125 years ago: Newton Beer's production of "Lost in London," which had a successful run for three seasons, was presented at Harper's Theater.
1914 -- 100 years ago: The German army commanded by Fran Duke Albrecht of Wurtemburg defeated the French army at Neufchmtenu.
1939 -- 75 years ago: John Deere Harvester Works in East Moline is starting a four-story, $104,000 addition to the combine assembly building.
1964 -- 50 years ago: Short Hills Country Club held onto its lead yesterday despite a rally by host Davenport Country Club and claimed the team title in the Sunshine Cup golf series.
1989 -- 25 years ago: Quad-Citians can look forward to more excitement and fun at this year's Rock Island Labor Day parade at 9:30 a.m. Sept 4, say organizers. This years theme is "Celebrate Rock Island."






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