|CITY OF KNOXVILLE STIMULUS FUNDING
The City of Knoxville is actively pursuing funding opportunities available as part of the “American Economic Recovery and Reinvestment Act (ARRA),” which is often referred to as the “stimulus package.”
The city learned earlier this year that it is eligible to receive approximately $10 million in formula stimulus funding, provided it submits the necessary applications, project plans and/or other required documents by specified deadlines. The city is also seeking other – competitive - grants that could total several million dollars.
As of July 30, the city had been awarded grants totaling $12,188,813 - though it had not received the money yet. The City of Knoxville currently has approximately $26.9 million in additional ARRA grant applications pending before several different federal agencies.
The ARRA – passed by Congress and signed into law by President Barack Obama in February – is a $787 billion measure designed primarily to stimulate the economy and create new jobs while saving existing ones. It also aims to address infrastructure needs and improve domestic energy production and use.
A little more than $575 billion of the funds will be injected into the economy with much of the money flowing through state and local governments. There are at least 75 major federal stimulus programs offered through more than a dozen agencies ranging from the U.S. Departments of Agriculture to Transportation.
The funding will be obtained through a combination of block grants awarded on the basis of various formulas - for example a city’s population or foreclosure rates - or in the form of competitive grants that various cities will compete for.
The City of Knoxville is seeking these one-time funds for projects ranging from improving mass transit and energy efficiency, to upgrading neighborhood housing stock and economic opportunities, to numerous capital projects.
To date about half of the funds awarded to the city are for construction or renovation projects that will be completed by area contractors, creating new jobs or maintaining existing ones at those companies.
The City of Knoxville’s Purchasing Department is administering the ARRA effort for the city’s different departments, helping determine which opportunities the city should seek and managing the application process with the different federal agencies.
Boyce H. Evans, a retired U.S. Army officer, is the City of Knoxville’s Purchasing Agent and directs the city’s ARRA activities.
Evans was the financial director for Fort Campbell, Kentucky - home of the 101st Airborne Division – where he managed multimillion budgets and programs before retiring from the service.
A general list of the stimulus opportunities the city is actively pursuing or considering eligible for is available on this web page.
It will display,
funding the city is applying for
current status of those applications
what the city has received and what it plans to do with the money.
The city’s plans for the funds received will move from the general to the more specific during the late summer and fall as the distributing agencies develop their guidelines.
The lists – which will be divided by city department - will be updated regularly.