Government > Departments > Development and Planning > Stimulus

City of Albany Economic Recovery & Reinvestment

Welcome to the Stimulus page on the City of Albany website. Here you can find current information on the American Recovery and Reinvestment Act (ARRA) which was approved on February 13, 2009. This act was created to preserve and create jobs, promote economic recovery, assist those most impacted by the recession, provide investments needed to increase economic efficiency by spurring technological advances in science & health, invest in transportation, environmental protection, & other infrastructure that will provide long-term economic benefits, and stabilize State & local government budgets, in order to minimize & avoid reductions in essential services & counterproductive state & local tax increases.

The City of Albany has been active in organizing the various funding sources and prioritizing those shovel ready projects that can receive stimulus funding. In addition to formulating a Priority Project Report, the City of Albany hosted a community forum on Monday, May 11^th at Albany High School to help clarify the ARRA and explain the current state of stimulus funding.

If you have a project you would like to recommend for stimulus funding, please complete this Project Recommendation Form and send to development@ci.albany.ny.us

Related Documents:

View the City of Albany Priority Projects Report

Media Advisory: "Mayor Jennings Releases City of Albany "Shovel Ready" Projects for 2009 Stimulus Funding"

Additional resources:

Track stimulus spending on the State level: www.recovery.ny.gov

Track stimulus spending on the Federal level: www.recovery.gov