Topic: American Recovery and Reinvestment Act of 2009
Drop follows annual COLA hike; DHS sends Tennesseans letters about U.S. move
Nashville, TN – On November 1st, the federal government’s short-term inflation of the Supplemental Nutrition Assistance Program (SNAP) benefit through the American Recovery and Reinvestment Act of 2009 (ARRA) will end, causing a reduction in the monthly amount for households across the nation receiving the food stamps benefit.
As a result, according to the U.S. Department of Agriculture (USDA), which funds and oversees SNAP, on November 1st, for a family of four receiving a maximum allotment, benefits will decrease from $668.00 to $632.00, a decrease of $36.00, or 5.4 percent.
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Washington, D.C. – Taxpayers who made some energy efficient improvements to their home or purchased energy-efficient products last year may qualify for a tax credit this year. The IRS wants you to know about these six energy-related tax credits created or expanded by the American Recovery and Reinvestment Act of 2009.
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Washington, D.C. – Many working taxpayers are eligible for the Making Work Pay Tax Credit in 2010. The credit is based on earned income and is claimed on your 2010 tax return when you file your taxes in 2011.
Here are five things the IRS wants you to know about this tax credit to ensure you receive the entire amount for which you are eligible. «Read the rest of this article»
Washington, D.C. – The Internal Revenue Service and partners nationwide mark the 5th Earned Income Tax Credit Awareness initiative. This initiative highlights the availability of one of the federal government’s largest benefit programs for working families and individuals.
The American Recovery and Reinvestment Act of 2009 created a new category of families with three or more children and increased the maximum benefit of EITC for tax years 2009 and 2010. The Tax Relief and Job Creation Act of 2010 extended these changes through 2012. «Read the rest of this article»
Federal stimulus money intended to provide home weatherization improvements for low-income persons is being wasted or misspent, a preliminary review by the Comptroller’s Division of State Audit has revealed.
Comptroller Justin P. Wilson outlined the results from the review of the Weatherization Assistance for Low-Income Persons (WAP) program in a letter sent today to Virginia T. Lodge, commissioner of the state Department of Human Services.
In April 2009, the U.S. Department of Energy awarded the state $99 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds for the program, plus another $7 million in non-ARRA funding during fiscal year ended June 30th, 2010. «Read the rest of this article»
More than 10,900 Homes and counting as Stimulus Program Continues
Nashville, TN – Tennessee is a leader in the Weatherization Assistance Program (WAP). Nearly 11,000 homes have been weatherized across the state through the American Recovery and Reinvestment Act of 2009 (ARRA) since July of last year. The state was recently recognized by the U.S. Department of Energy for its “dedication and extraordinary efforts” toward the goals of the Recovery Act. Only eleven other states were recognized. A network of 18 community and local government agencies has helped Tennessee reach its WAP goals.
“Our partners across the state have worked tirelessly to meet and even exceed the goals we set out for them last year,” said DHS Commissioner Gina Lodge. “More than 10,000 Tennessee families are reaping the benefits along with hundreds of energy auditors and contractors who were put to work through this program.” «Read the rest of this article»
It’s back-to-school time again and the Internal Revenue Service is reminding parents and students that there is still time left to take advantage of the American Opportunity Tax Credit, a credit that will help offset the cost of college.
This tax credit is part of the American Recovery and Reinvestment Act of 2009 and is available through December 31st, 2010. It can be claimed by eligible taxpayers for college expenses paid in 2009 and 2010.
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Money to be used to improve and preserve Public Housing across the State
Nashville, TN – U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $63,882,077 to public housing authorities in Tennessee. The funds will allow these agencies to make major capital improvements to their public housing units. This funding is part of $2.3 billion HUD awarded today to 3,131 agencies across the U.S, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. To view the full list of grantees, visit HUD’s website.
“Housing authorities will add this funding to the $4 billion from the American Recovery and Reinvestment Act of 2009 they received last year to continue addressing long-standing capital improvements that public housing communities need,” said Ed Jennings, Jr., Southeast Regional Administrator, U.S. Department of Housing and Urban Development. “This funding will also stimulate the economy and create jobs in these communities.” «Read the rest of this article»
This monthly column is prepared by TDOT Commissioner Gerald Nicely.
Last month, the Tennessee Department of Transportation let the first projects funded by the American Recovery and Reinvestment Act of 2009 to contract. In May and June, more than a hundred other projects will move into the construction phase, bringing valuable transportation improvements and jobs to communities across the state. This means that a large majority of Tennesseans, no matter where they live, will find themselves traveling through a work zone in the near future. «Read the rest of this article»
Funding aimed at neighborhoods hard-hit by foreclosure
WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today approved nearly $731 million in funding for 48 States and local communities seeking to recover from the effects of high foreclosures and declining home values. Funded under HUD’s Neighborhood Stabilization Program (NSP), these plans will target emergency assistance to particular neighborhoods by acquiring and redeveloping foreclosed properties that might otherwise become sources of abandonment and blight (see attached chart).
The neighborhood stabilization plans approved today include a $145 million plan submitted by the State of California, a program President Barack Obama recognized during a town hall meeting today in Los Angeles. «Read the rest of this article»