Handbook
| American Recovery and Reinvestment Act Program Guide | |||||||||
| Recovery Zone Bonds | |||||||||
| Progress Indicator |
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| Federal Program Information | |||||||||
| Federal Program Description |
Tax Credit Bonds to promote economic development activity in a recovery zone distressed areas: recovery zone economic development bonds - taxable government bonds for government purpose projects or programs; recovery zone facility bonds- tax exempt bonds for private use depreciable property. |
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| CFDA Number | Not applicable | ||||||||
| Assistance Type | Financial assistance from the Federal government | ||||||||
| ARRA Citation | P. 234, part III, sections 1400U-1, 1400U-2, 1400U-3 | ||||||||
| ARRA Reporting |
Federally administered program; ESDC has no direct programmatic or administrative role or responsibility. |
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| Federal Agency | Department of Treasury | ||||||||
| NYS Information | |||||||||
| NYS Program Title | Recovery Zone Bonds | ||||||||
| NYS Agency | ESDC (indirect role only) | ||||||||
| Contact | Kay Wilkie | ||||||||
| kwilkie@empire.state.ny.us | |||||||||
| Phone | 518-292-5270 | ||||||||
| Program Funding | |||||||||
| National Total | |||||||||
| NYS Share | http://www.irs.gov/pub/irs-tege/rzblocalreallocations.pdf | ||||||||
| Flow of Funds | |||||||||
| Deadline | |||||||||
| Awards and Outcomes | |||||||||
| Website | http://www.recovery.gov/transparency/pages/home.aspx?State=NY | ||||||||
