Leveraging Federal Stimulus to Fund Stormwater Infrastructure Projects: Lessons Learned From ARRA Stimulus of 2009
As part of the American Recovery and Reinvestment Act of 2009 (ARRA), shovel-ready water infrastructure projects received $6 billion in funding through grants, loans, and loan forgiveness to stimulate the economy and create jobs. Facing the economic impacts of the Covid-19 epidemic, legislation is currently being drafted in the Senate to provide another large infrastructure stimulus package (America’s Water Infrastructure Act of 2020) with the potential to offer significant funding for stormwater projects.
This presentation will focus on positioning projects now for future stimulus funding using lessons learned from ARRA experiences. Topics will include up-to-date legislation summaries and funding priorities, background of how ARRA funding was allotted through existing state programs, and how state and new federal priorities were combined to refocus project preferences and impacting project competitiveness. Based on the anticipated similarities to ARRA in the upcoming stimulus package, presentation participants will learn actions that they start now to be more competitive when stimulus funding is released.
The presentation will be interactive, taking and responding to questions in real time and through polling attendees regarding project types and project readiness.