The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.

The Department of the Treasury has significant responsibilities related to the Recovery Act. Treasury has nine programs – including several  initiatives involving tax changes that will affect almost all Americans, and will deliver an estimated $150 billion of direct relief to Americans and their families. Read more

• Economic Recovery Act Payments
• Community Development Financial Institutions
• New Markets Tax Credit
• Health Insurance Tax Credit Administration
• Energy Grants in Lieu of Tax Credits
• Low Income Housing Grants in Lieu of Tax Credits
• Native American CDFI Assistance
• Tax Provision Oversight
• Tax Relief Programs

June 29, 2010
BLOG: Recovery Summer in Rhode Island
By Dan Tangherlini
Yesterday I joined Mayor Cicilline, Rhode Island State Corrections Director A.T. Wall, Executive Director of Rhode Island Housing, Richard Godfrey, Jeanne Coal, Chair of the RI Housing Commission, and Sol Rodriguez, Executive Director of the non-profit OpenDoors, at the site of the historic Sealtest Ice Cream Factory in Providence, Rhode Island for an historic groundbreaking.  With help from the Recovery Act, this building, which has stood vacant for more than twenty years, is being converted into 19 homes for returning ex-offenders, complete with training and services to get them back on their way to their own personal recovery… Read the full blog post.
Read More.

Department of Treasury Recovery Plans, Recovery Program Reports, and other agency- and program-specific reports required by the Recovery Act will be posted on this site as they become available.

• Treasury Recovery Act Data as of 7-31-2010
• ARRA Agency Plan - Department of the Treasury
• ARRA Program Plan - Cash Assistance to States in Lieu of Low-Income Housing Tax Credits
• ARRA Program Plan - CashAssistance for Specified Energy Property in Lieu of Tax Credits
• ARRA Program Plan - Community Development Financial Institutions
• ARRA Program Plan - Economic Recovery Act Payments
• ARRA Program Plan - Health Insurance Tax Credit Administration
• ARRA Program Plan - Native American CDFI Assistance
• ARRA Program Plan - New Markets Tax Credit
• ARRA Program Plan - Tax Provision Implementation

• Summary
• Full Text
• FAQs

Last Updated: August 16, 2010