American Recovery and Reinvestment Act of 2009
What Arizona Nonprofits Should Know
On February 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009. Four days later, the President signed the legislation into law. The Recovery Act’s three main goals are to:
This $787 billion Recovery plan includes federal tax cuts and incentives, an expansion of unemployment benefits, and other spending on social entitlement programs. In addition, federal agencies are using Recovery funds to award contracts, grants, and loans around the country.
Since February, the Alliance has been involved in efforts to disseminate information in Arizona about federal funding opportunities for nonprofits under ARRA. This includes: