The federal stimulus is being credited with creating thousands of jobs in Denver
A new report from the White House
focuses on seven projects throughout Colorado
that are creating and saving thousands of jobs thanks to funding from the American Recovery and Reinvestment Act
"The Recovery Act is helping Colorado's economy by investing in ambitious projects like the redevelopment of Denver Union Station and the expansion of Abound Solar in Longmont," Gov. Bill Ritter
said. "These projects are creating and retaining thousands of jobs, shifting the economy in the right direction and providing long-term benefits
to the people of Colorado."
Colorado is expected to receive a total of at least $7.3 billion from the federal stimulus. A recent report from the Council of Economic Advisers
estimates that the ARRA has created, saved, and indirectly produced 50,000 jobs throughout the state.
The seven projects highlighted in the White House report include:
- Abound Solar facility in Longmont – Has received $400 million to create about 2,000 construction jobs and 1,500 permanent jobs.
- UQM Technologies in Frederick - Has received $45 million to create 230 jobs.
- Redevelopment of Denver Union Station - Has received $28 million to create 7,000 jobs during construction.
- Crossroads Blvd. Interchange at I-25 in Loveland - Has received $3 million to create 84 jobs.
- Energy Efficient Federal Center in Lakewood - Has received $39.4 million to create 40 jobs.
- Crossroads Safehouse in Larimer County - Has received $500,000 to provide job skills, educational services, and transitional housing to domestic violence victims.
- Housing Construction for Seniors and the Disabled in Denver - Has received $10 million to create at least 50 construction and sub-contracting jobs.
Labels: Jobs in Denver