• Ohio Now Accepting Preliminary Proposals for Federal Stimulus Funds
  • March 10, 2009
  • Law Firm: Baker & Hostetler LLP - Cleveland Office
  • On Wednesday, February 18, 2009, Governor Ted Strickland announced that Ohio will receive at least $8.2 billion in federal funds as part of the American Recovery and Reinvestment Act that President Barack Obama signed into law this week.

    Additionally, Governor Strickland has announced a new website portal for businesses and organizations to register upcoming projects that may qualify to receive federal stimulus dollars. The portal can be found at http://www.recovery.ohio.gov.

    The Governor’s welcome message states that the funds will be used to make investments in the following areas:

    • Producing Clean and Efficient Energy in Ohio
    • Investing in Science and Technology to Advance Ohio’s Economy
    • Modernizing our Roads, Bridges, Transit and Waterways
    • Developing a 21st Century Education System
    • Implementing Tax Cuts that Make Work Pay and Create Jobs
    • Lowering Healthcare Costs
    • Providing Assistance to Ohio Workers Hurt by the Economic Downturn
    • Saving Public Sector Jobs and Protecting Vital Services for Ohioans

    The Governor’s website notes that “failure to submit information through [the portal] may diminish your ability to obtain funds.” We recommend that businesses and organizations move quickly to identify projects that may qualify for stimulus funding and begin preparing preliminary proposals.