Economy stimulus formula
Chicago, March 12, 2009 – Mayor Richard M. Daley today identified more than $1 billion in city projects in the areas of education, infrastructure, job creation and training, housing, energy efficiency and public safety that are likely to be funded under the formula funding portion of the American Recovery and Reinvestment Act during a press conference held at City Hall, 121 N. LaSalle St.
“In Chicago, we’re moving to take full advantage of the diverse opportunities the program offers. It builds on the many steps we’re taking here to do our part to kick start our economy and help people get through the worst economy in modern times,” Mayor Daley said.