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The American Recovery and Reinvestment Act of 2009 (ARRA) includes $48 billion for transportation infrastructure consisting of highways and bridges, mass transit, rail and aviation.
The transportation system in Illinois is at a crossroads, and is in need of the additional federal funds provided by the ARRA. ARRA funds will be utilized to support safer transportation systems, address environmental concerns, offset the erosion of the construction dollar, address the crippling levels of congestion/delay and meet the transportation demands of the future.
In order to access the first half of the highway stimulus funds coming to Illinois, the Illinois Department of Transportation (IDOT) has identified projects that can be awarded quickly to put people to work in the construction industry and to utilize the upcoming construction season. While the list of projects is larger than expected in the first wave of funding, it will allow Illinois to be in a position to spend any funds redistributed from other states. Click here to get more information and see a list of projects.
More than $213,000 in grants will help existing low-income homeowners replace items such as refrigerators, furnaces, lighting, dishwashers and air conditioners with energy-efficient models.Legislation approved last year created funding for programs and incentives through money from ComEd and Ameren to reduce electrical energy usage and demand by company customers.Click here to learn who is eligible and how the process works.
Visit the U.S. Economic Census to increase your knowledge of the business climate.
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