Washington, DC – U.S. Senator Tim Johnson (D-SD) announced today that funding secured for South Dakota as part of the economic recovery package is already moving to local communities in South Dakota. The Sisseton Housing and Redevelopment Commission will receive $114,320 in funding from the Department of Housing and Urban Development as part of the bill.
“I am pleased that this economic stimulus funding is so quickly moving to local communities like Sisseton,” Johnson said. “This funding for the local Housing and Redevelopment Commission will make necessary improvements to buildings in the area while creating jobs and putting people back to work.”
The funding is part of the 2009 Recovery Act Capital Fund Formula Program, and will be used to improve conditions at building in the community. These resources are particularly helpful for local housing agencies in states like South Dakota, which would otherwise not be able to fund these necessary improvements.
The stimulus package recently signed by President Obama is focused on tax cuts for the middle class, infrastructure investments and job creation. This funding is a prime example of the kind of resources the legislation provides to help improve communities while advancing South Dakota’s economy.