- 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.