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Ann Arbor Spark

February 15, 2010

Ann Arbor SPARK Assists Applicants with Recovery Zone Bonds

Ann Arbor SPARK is assisting applicants with funding available through Recovery Zone Economic Development and Facility Bonds.  Appropriated through the American Recovery and Reinvestment Act of 2009, Recovery Zone Bonds provide reduced rate financing and stimulate economic growth in Recovery Zones.

In Washtenaw County, over $33 million is available through the Recovery Zone Facility Bonds program.  An additional $17 million is available in the City of Ann Arbor through the Recovery Zone Facility Bonds program.

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