Ohio Gets More Than $1 Billion in Bonds to Boost Economy

Dayton Daily News

WASHINGTON - Ohio will receive $1.05 billion for recovery bonds out of the American Recovery and Reinvestment Act, better known as the economic stimulus bill, Sen. Sherrod Brown said Friday, June 19.

The recovery zone bonds will benefit Ohio communities experiencing significant poverty, unemployment, home foreclosures, and other economic distress and will help counties and municipalities obtain financing for economic development projects at lower borrowing costs.

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