Obama Presents a Critical Recovery Package for Americans
President Obama enacted the American Recovery and Reinvestment Act of 2009 to stimulate the economy and housing markets for Americans.
His economic stimulus package is a positive move against the nation's faltering market.
His economic plan includes the creation of three to four million job opportunities.
Both public and private agencies will be able to acquire funds for that can be used for workforce training and the creation of new jobs.
Obama has committed $500,000,000 to workforce training programs and $750,000,000 for training workers in high growth and emerging industry areas.
These funds are to be focused on industries that provide career opportunities in the energy efficiency and renewable energy markets.
Another $1,250,000,000 is designated for displaced worker programs, offered as federal grants that will be provided through state agencies.
The displaced worker programs will make available training opportunities and employment.
These programs will provide crucial resources for Americans that are suffering a loss of jobs in today's distressed economy.
Obama's "Public Housing Capital Fund" will provide sorely needed resources for many Americans.
He has committed $4,000,000 to this housing program, of which $3,000,000 will go to public housing agencies and $1,000,000 will be provided to private sector.
The public housing grants will focus on the rehabilitation of vacant rental units, providing low-income housing that is accessible for many Americans in need.
Under a separate public housing program, $510,000,000 will be provided as "Native American Housing Block Grants" that will be available for both new construction and rehabilitation of existing structures.
Another $1,000,000 will be provided to community development programs designed for the redevelopment of existing substandard properties.
These programs have the added benefit of creating jobs for both underemployed and unemployed workers.
Obama has also made rapid re-housing for the homeless a priority in his economic stimulus package.
A "Homelessness Prevention Fund" has been established to provide short-term and medium-term assistance to the homeless.
$1,500.
000.
000 has been committed to this program and it will provide services that will assisting in locating suitable housing for the homeless, moving assistance, assistance with utilities, and assistance with rental payments.
Obama has shown that he is committed to the basic needs of Americans - adequate housing and employment.
Through his American Recovery and Reinvestment Act of 2009 he has dedicated funds that will provide opportunities for Americans to rise above poverty and despair.
His plan shows that he is invested in providing jobs and economic renewal for those most affected by the current recession.
His economic stimulus package is a positive move against the nation's faltering market.
His economic plan includes the creation of three to four million job opportunities.
Both public and private agencies will be able to acquire funds for that can be used for workforce training and the creation of new jobs.
Obama has committed $500,000,000 to workforce training programs and $750,000,000 for training workers in high growth and emerging industry areas.
These funds are to be focused on industries that provide career opportunities in the energy efficiency and renewable energy markets.
Another $1,250,000,000 is designated for displaced worker programs, offered as federal grants that will be provided through state agencies.
The displaced worker programs will make available training opportunities and employment.
These programs will provide crucial resources for Americans that are suffering a loss of jobs in today's distressed economy.
Obama's "Public Housing Capital Fund" will provide sorely needed resources for many Americans.
He has committed $4,000,000 to this housing program, of which $3,000,000 will go to public housing agencies and $1,000,000 will be provided to private sector.
The public housing grants will focus on the rehabilitation of vacant rental units, providing low-income housing that is accessible for many Americans in need.
Under a separate public housing program, $510,000,000 will be provided as "Native American Housing Block Grants" that will be available for both new construction and rehabilitation of existing structures.
Another $1,000,000 will be provided to community development programs designed for the redevelopment of existing substandard properties.
These programs have the added benefit of creating jobs for both underemployed and unemployed workers.
Obama has also made rapid re-housing for the homeless a priority in his economic stimulus package.
A "Homelessness Prevention Fund" has been established to provide short-term and medium-term assistance to the homeless.
$1,500.
000.
000 has been committed to this program and it will provide services that will assisting in locating suitable housing for the homeless, moving assistance, assistance with utilities, and assistance with rental payments.
Obama has shown that he is committed to the basic needs of Americans - adequate housing and employment.
Through his American Recovery and Reinvestment Act of 2009 he has dedicated funds that will provide opportunities for Americans to rise above poverty and despair.
His plan shows that he is invested in providing jobs and economic renewal for those most affected by the current recession.
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