Making the Most of the Recovery & Reinvestment Act
A Guide for Asset-Building Leaders
This guide aims to help asset-building leaders make the most of the American Recovery and Reinvestment Act (ARRA). It highlights 16 funding opportunities in ARRA that are aligned with asset-building programs and services and are related to entrepreneurship, housing and homeownership, infrastructure and capacity building, savings and banking services, and tax benefits that support asset-building goals. Importantly, it also helps leaders to strategically appraise and pursue these opportunities by addressing the following critical questions:
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Which funding opportunities represent the “best bets” for asset-building initiatives?
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What are important considerations in accessing and leveraging these one-time resources?
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How can decision-makers assess and prioritize which funding opportunities to pursue?
- What are some tips for preparing to secure ARRA funds?