Indiana Chamber of Commerce

Economic Stimulus Resources

The American Recovery and Reinvestment Act (ARRA), more commonly known as the stimulus bill, is a $787 billion federal commitment of spending and tax relief with the primary goals of energizing the economy and creating jobs. Approximately $4.3 billion is coming to Indiana, primarily to state government, with some allocations directly to local communities and organizations.

Categories with the largest projected amounts of formula-based funding (a formula distribution means that allocations will be made to certain recipients through existing formulas in use by the federal government) for Indiana include:

  • Medicaid: $1.4 billion
  • Education: $1.3 billion
  • Roads and bridges: $650 million
  • Nutrition: $400 million
  • Weatherization: $100 million
  • Water quality: $100 million
  • Housing: $100 million
  • Public transit: $80 million
  • Energy: $70 million
  • Employment services: $70 million
  • Child care: $40 million
  • Justice: $40 million

Key Web Sites
State information
Federal information

Additional state monies will be available through competitive grant funds.

Can your company or organization benefit from these additional financial resources? This listing includes both general state and federal information, as well as links to specific agency web sites:

Indiana
Invest.in.gov
Competitive grants
Indiana Department of Transportation
Highways, bridges and transit
Water infrastructure
Ice Miller summary

Federal
Recovery.gov
Listing of all agency recovery sites
Agriculture
Commerce
Defense
Education
Energy
Environmental Protection Agency
Health & Human Services
Homeland Security
Housing & Urban Development
Interior
Labor
Transportation
Veterans Affairs

 
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  • Chamber Blog Posts
  • Why Join the Chamber?
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Supervising and Managing People Workshop  February 09, 2012 - February 10, 2012
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