6.20.2010

THE RECOVERY ACT & MICHIGAN


Here is what a recent government report has to say about what the Recovery Act has done for Michigan.

$1.35 billion to develop and build advanced batteries

$243 million to weatherize 40,000 homes

$650 million in SBA loans to small businesses, tax credits leveraging

$750 million in private investment for clean energy manufacturing:

The Recovery Act is changing Michigan's economic landscape. In the 18 months since the Recovery Act became law, Michigan has used these federal funds to create or retain more than 54,000 jobs. Thanks to the Recovery Act, people are building roads, improving water systems, educating our children and making our homes and public buildings more energy efficient.
http://www.michigan.gov/recovery
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