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 Monday, Oct. 20, the 293rd day of 2014. There are 72 days left in the year.

1864 -- 150 years ago: The store of Devoe and Crampton was entered and robbed of about $500 worth of gold pens and pocket cutlery last night.
1889 -- 125 years ago: Michael Malloy was named president of the Tri-City Stone Cutters Union.
1914 -- 100 years ago: Dewitte C. Poole, former Moline newspaperman serving as vice consul general for the United States government in Paris, declared in a letter to friends that the once gay Paris is a city of sadness and desolation.
1939 -- 75 years ago: Plans for the construction of an $80,000 wholesale bakery at 2011 4th Ave. were announced by Harry and Nick Coin, of Rock Island. It is to be known as the Banquet Bakery.
1964 -- 50 years ago: An application has been filed for a state permit to organize a savings and loan association in Moline, it was announced. The applicants are Ben Butterworth, A.B. Lundahl, C. Richard Evans, John Harris, George Crampton and William Getz, all of Moline, Charles Roberts, Rock Island, and Charles Johnson, of Hampton.
1989 -- 25 years ago: Indian summer is quickly disappearing as temperatures slide into the 40s and 50s this week. Last week, highs were in the 80s.


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