Act Now: The
American Recovery and Reinvestment Plan Will Provide $34.4 Billion To
Help
Communities Fund and Finance
Modern Schools
Efforts are underway in Washington D.C. to help local communities
finance modern schools. Congress is proposing $34.4
billion for grants and bonds to fund and finance School
Construction and Modernization. Congress
is working on the American Recovery and
Reinvestment Act.
$14 billion for a new
School Modernization and Repair program is included in
the proposal just released by the House Appropriations
Committee. The
House school modernization program will be based on the 21st
Century
Green High-Performing Public School Facilities Act passed by the House
of
Representatives in 2008.
The Appropriations
Committee
recommendation for school modernization is included as part of the
Education
for the 21st Century section of the American Recovery and Reinvestment
Act
package which provides:
- NEW
School Modernization and Repair Program - $14 billion
- Education
Technology program - $1 billion
- Higher
education modernization -$6 billion
Ways and Means
Committee: $20.4 Billion for School Construction Bonds
House Ways
and Means Committee Chair Charles Rangel released the tax provisions of
the
economic recovery package including provisions of the America’s Better Classrooms Act which will provide
$20.4 billion in financing for school construction bonds. The Ways and Means Committee takes up the
legislation on January 22.
What You Can Do
Congress
is working with the Obama Administration on the American Recovery and
Reinvestment Plan. $34.4 billion in
funding
for school grants and financing for tax credit bonds are now part of
the
American Recovery and Reinvestment plan under consideration for final
action. Please join Rebuild America’s
Schools
effort to achieve federal funding and financing for school modernization.
Contact
and ask your Member of Congress and Senators to support the American
Recovery and Reinvestment Plan and the grants and bonds to fund and
finance
school construction, modernization, repairs and renovations.
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