News

ARRA Stimulating Construction in the Building Sector

AGC has identified 61 separate programs funded by the American Recovery and Reinvestment Act of 2009 and broken down various building sector-related opportunities, totaling $26.9 billion, here.  AGC's chief economist Ken Simonson contributes to an in-depth discussion of the breakdown of building-related stimulus funding here.  Examples of stimulus funding being distributed in the building sector include:
  •  General Services Administration has now awarded $1 billion of its $5.5-billion total allotment from the American Recovery and Reinvestment Act of 2009. Read the full ENR article here.
  • The Baltimore Sun reports that the Baltimore Development Corporation has solicited proposals for projects including office buildings, business parks and hotels for the city's more than $30 million in stimulus money.
  • In Tulsa, Okla., the Associated Press reports that education-designated stimulus funds combined with a public private partnership will be responsible for the construction of three early childhood centers.
  • The Capitol Times reports that Wisconsin has received $170.7 million in bonding authority from the ARRA-funded Qualified School Construction Program "for new construction, rehabilitation or repair of school facilities as well as acquiring new land or equipment."
The National Institute of Building Sciences' National Clearinghouse for Educational Facilities has broken down the programs involved with school funding here and posts information related to ARRA-related school facility modernization here as it becomes available.