Massachusetts Recovery Update

Week of August 17, 2009

The Massachusetts Recovery Update is a periodic email update of recovery-related news in the Commonwealth. If you find this information useful, please forward it to others and encourage them to subscribe or follow our updates via Twitter, RSS, or http://Mass.Gov/Recovery.

Opportunities for Individuals: Find a Job using JobQuest

Employers who create jobs using Recovery funding must post those job announcements to the Commonwealth's JobQuest system. A wide range of stimulus-related positions--ranging from career counselors to communication specialists are available. This system is constantly updated, so residents should check back for new opportunities.

Opportunities For Businesses: Search for Contracts

For the most up to date ARRA business opportunities , head to Comm-PASS, the Commonwealth's sole online procurement record site which supports all bid and grant records related to any ARRA funds distributed by the Commonwealth of Massachusetts. Comm-PASS is available for use free of charge and provides you with the ability to search for a variety of contracts by either category or department.

Opportunities for Municipalities: Low-Income Housing

The Department of Housing and Community Development (DHCD) has announced the opening of the competition for Tax Credit Exchange (TCX) awards; applications from eligible developers are due on August 28. The Low Income Housing Tax Credit is a federal program that assists in the production and preservation of affordable rental housing for low-income families and individuals. The TCX program is a part of the federal stimulus designed to provide awards in lieu of tax credits, in situations where the developers have been unable to secure equity investors, due to the state of the economy.

Additional Resources: ARRA Information for Cities and Towns

General Program Updates

Housing: Federal Tax Credit Assistance

$45.5 million in Federal stimulus funding will help jump start eight affordable housing developments in Beverly, Boston, Framingham, Greenfield, Holliston and Springfield that had been stalled due to the lack of equity available in the low-income housing tax credit market. Learn more...

Massachusetts Stimulus Spending on Track

As Federal Stimulus program staff and Secretary for Administration and Finance Kirwan testified before a joint oversight committee at the statehouse ( slides available on the Recovery website ppt format of    Fed-Stim-MA-Program-Update-08-13-2009.ppt  ), the Associated Press and other media reported ( see detailed article in the Eagle Tribune) that Massachusetts ranks as one of the top ten states for spending Federal Recovery funds. Other states have come under heavy criticism for not spending their stimulus funds. A table of spending can be found on Recovery.Gov.

Contact Us

For the latest recovery news and updates:

As always, please feel free to visit our website or contact the stimulus office at 617-979-8380 if you have any questions.