Business & Finance

Impact Aid Available from U.S. Education Department

The U.S. Department of Education has made $108.8 million in funding available for targeted students and communities.
May 1, 2009

The U.S. Department of Education has made $108.8 million in funding available for targeted students and communities. That includes $39.6 million in 180 Impact Aid Construction grants for communities with military bases, Indian reservations and other federal properties that do not generate local tax revenues.

Another $69.2 million in 52 Homeless Children and Youth grants helps states and school districts meet the educational and related needs of homeless students.

"Given our difficult economic circumstances, it's very important that targeted communities and at-risk populations benefit immediately from the stimulus program," Education Secretary Arne Duncan says. "These investments will create jobs and boost local economies, while also helping raise student achievement."

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