Key Federal Web Sites

• American Recovery Reinvestment Act
• U.S. General Services Administration
• U.S. Department of Defense
• U.S. Department of Housing and Urban Development
• U.S. Department of Transportation
• U.S. Department of Education
• U.S. Department of Veterans Affairs
• U.S. Department of Energy

Timing

• Most projects need to have contracts signed by September 2010

Small Business

• Delays 3% withholding on government contracts for one year
• Extends bonus/accelerated depreciation for 2008 capital expenditures
• Five-year carry back of net operating losses for small business

Green Buildings

• $4.5 billion GSA green high performing buildings ($5.5 billion for GSA buildings total)
• More than $8 billion for other federal buildings
• More than $10 billion for green affordable housing
• Up to $53.6 billion available for school modernization, plus $22 billion in school construction bonds

Energy Efficiency

• $3.2 billion Energy Efficiency and Conservation Block Grants
• Weatherization Assistance ($5 billion)
• State Energy Program ($3.1 billion)

Transit

• $8.5 billion for transit, capital assistance

Housing

• First-time homebuyer tax credit increased to $8,000
• Extends tax credit for energy efficiency in existing homes