Government's frenetic effort last spring to get stimulus funding out the door quickly to worthwhile projects that would put the greatest number of American's to work continues to encounter setbacks, as local government leaders question state and county project priorities and selections
A recent report in Long Island's Newsday details the outcry from local towns that were turned down even as similar stimulus funding was approved for other localities. The commotion has exposed a rough spot in the American Reinvestment and Recovery Act, according to the report.
It points out that the Environmental Facilities Corporation, which finances government sewer projects in New York, is a major recipient of Stimulus funding, despite the fact their program -- a channel for funding sewer projects -- is designed to issue loans, not grants. The story further states the priority for the EFC is cleaning up pollution problems rather than funding Smart Growth and economic development projects.
Read the full Newsday story at:
http://www.newsday.com/news/local/politics/ny-posewe0512936798jul05,0,2035201.story
