American Recovery and Reinvestment Act of 2009

The American Recovery and Reinvestment Act of 2009 was signed into law on February 27, 2009.  The

American Recovery and Reinvestment Act is an unprecedented effort to jumpstart our economy, create

or save millions of jobs, and put a down payment on addressing long-neglected challenges so our

country can thrive in the 21st century.  Per President Obama's memorandum in the Federal Register on

March 25, 2009, the ARRA is "designed to stimulate the economy through measures that, among other

things, modernize the Nation's infrastructure, jump start American energy independence, expand high

quality education opportunities, preserve and improve access to affordable health care, provide middle-

class tax relief, and protect those in greatest need".

All activities of ARRA must display an "unprecedented level of transparency and accountability so

Americans know where their tax dollars are going and how they're being spent".

Recipients of Federal Awards from funds authorized under the American Recovery and Reinvestment

Act must comply with all reporting requirements.  C.E.F.S. Economic Opportunity Corporation is a

recipient of Federal Awards under the American Recovery and Reinvestment Act.  C.E.F.S. Economic

Opportunity Corporation is herein reporting on the funds awarded, the funds obligated, on the projects

and activities funded, jobs created and sub-contracts.  C.E.F.S. Economic Opportunity Corporation will

disclose this public information on American Recovery and Reinvestment Act funds at the end of each

quarter, starting June 30, 2009 by reporting by July 10, 2009, and ending on September 30, 2010 with

the final report issued by October 10, 2010.

If you would like more information about the American Recovery and Reinvestment Act, please go to

www.recovery.gov or for the State of Illinois go to ww.recovery.illinois.gov

 

CEFS Quarterly Report