Community presentation given by Governor Granholm to discuss the American Recovery and Reinvestment Act and the impact that it will have on Lansing, Michigan.

1. A Recovery Update for Michigan’s Citizens
Governor Jennifer M. Granholm

2. The American Recovery and
Reinvestment Act (ARRA) of 2009
 President Obama signs
ARRA on February
17, 2009
 The largest investment
increase in America’s
roads, bridges and mass transit in 50 years
 The most significant expansion in tax cuts for
low- and moderate income households ever
http://michigan.gov/recovery

3. Michigan’s Economic Plan
is in Place
Our plan aligns perfectly
with President Obama’s
goals:
 Create jobs and
diversify our economy
 Educate and train our
students and workers
 Protect our citizens
during tough times
ARRA will accelerate our plan
http://michigan.gov/recovery

4. How Will the Funds Come to Us?
 Through existing
programs
 Competitive
grants
 Tax cuts
Visit michigan.gov/recovery often for
grant applications and the latest
updates!
http://michigan.gov/recovery

5. The Impact for Michigan
 Total estimated
benefit for
Michigan: $18 billion
 Funding available for
existing programs:
about $7 billion
 Will create or save
109,000 jobs over
the next two years
What does the Recovery Act mean for me?
http://michigan.gov/recovery

6. Protecting Families
 $400 tax cut for workers
earning less than $75,000
($800 if filing jointly)
 $5,656 credit (was $5,028) for
families making up to 40,000/yr
 $1,000 per-child tax credit
for families making more than
$3,000/yr (minimum was $12,550)
 $250 payment to seniors and people with
disabilities
 First-time Home Buyer Tax Credit increased
from $7,500 to $8,000
http://michigan.gov/recovery

7. Helping Jobless Workers
 Eligibility extended by up to 13 weeks
(maximum of 72 weeks)
 $25 per week increase in unemployment
benefits
 For a family of four making less than
$40,000, about an additional $80 per month
in Food Assistance (39,465 people rely on
Food Assistance in greater Lansing)
http://michigan.gov/recovery

8. Education & Training for Citizens
 American Opportunity Tax Credit –
up to $2,500 of college expenses will be
tax deductible
 Pell Grants – maximum award
for low income students
will increase from $4,850
to $5,350 this fall
In addition…
 No Worker Left Behind – Over 61,000
participants statewide since 2007
http://michigan.gov/recovery

9. Weatherization & Energy
Conservation
 Weatherization Assistance – a family
of four making less than $44,000 can
receive up to $6,500 for upgrades that
save money on energy
 $7.8 million in greater Lansing; 1,150
homes
 Energy Efficient Improvement Tax
Credits – will triple maximum credit
from $500 to $1,500
http://michigan.gov/recovery

10. Helping Schools
 $2.2 billion statewide for:
 Special education
 Programs for at-risk students
 Mitigating budget cuts
 $20 million for Head Start
http://michigan.gov/recovery

11. Providing Health Care
 Pays for 65% of continued
health coverage for citizens
who have lost their jobs
(COBRA)
 Significant Medicaid funding
boost (42,908 now enrolled
in Ingham County)
 $1.3 million for the Ingham
County Health Department –
serving 4,766 people and
creating 52 jobs
http://michigan.gov/recovery

12. Protecting Home Ownership
 Home Affordable Refinance Program
 Provides access to low-cost refinancing for
homeowners suffering from falling home
prices
 For homeowners with Freddie Mae or
Freddie Mac loans
 Must be current on mortgage payments
 Home Affordable Modification Program
 Can reduce mortgage payments to make them more
affordable
 For mortgages up to $729,750
 Incentive for homeowners to stay current
 Incentives to help servicers to take alternatives to
foreclosure
Find out more at makinghomeaffordable.com
http://michigan.gov/recovery

13. Strengthening Neighborhoods
Neighborhood Stabilization Program
 $5.4 million for will fund purchase, rehab or
demolition of 153 properties in the City of
Lansing
 New City of Lansing Neighborhood
Empowerment Center at the former Michigan
School for the Blind
 Will provide help with home repairs and home
ownership counseling
 Head Start programs
 Will be a “green” building
http://michigan.gov/recovery

14. Investing in Public Safety
 Michigan law enforcement agencies are eligible for $67
million to fight crime
 Ingham County - $58,738
 Lansing City - $652,828
 East Lansing - $91,967
 Lansing Township - $15,607
 Meridian Township - $32,893
 Michigan Army National Guard facility
improvements - $7.85 million
 Lansing Reserve Forces Support Center and Joint Forces
Headquarters - $1.8 million for energy efficiency upgrades
http://michigan.gov/recovery

15. Roads & Infrastructure
For the Lansing area:
 $54.9 million for ARRA-funded road projects; about
1,525 jobs
 $48.5 million for reconstruction/resurface work on
I-96 (1,347 jobs)
 $19.4 million for other state-funded
road projects; about 539 jobs
 $3.1 million to resurface M-43
(Saginaw Av.) in Lansing
 $5.7 million for US-127
resurfacing
 $7.1 million for public transit
http://michigan.gov/recovery

16. On the Web…
 White House Recovery Portal:
http://recovery.gov
 State of Michigan Recovery Portal:
http://michigan.gov/recovery
 Michigan Community Service
Commission:
http://michigan.gov/mcsc
 Capital Area United Way:
http://volunteermidmichigan.org
http://michigan.gov/recovery