Quite the stimulus for local projects

Cruzak, David
August 2009
Grand Rapids Business Journal;8/10/2009, Vol. 27 Issue 33, p1
The article reports on the eligibility of Kent County and the city of Grand Rapids in Michigan to issue 133 million U.S. dollars in two types of federal bonds that came from the American Recovery and Reinvestment Act of 2009. Kent County has been allotted 36.5 million U.S. dollars while Grand Rapids has been allotted 16.7 million U.S. dollars in Recovery Zone Economic Development bonds. The county has also been allotted 54.8 million U.S. dollars, while the city has been allotted 25 million U.S. dollars in Recovery Zone Facility bonds.


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