American Recovery and Reinvestment Act early returns
Has the American Recovery and Reinvestment Act returned any new orders, contracts, hiring, or other changes in your company?
9% - Yes
66.6% - No
24.4% - Not yet, but we expect it to
The recovery act has diminished the amount of dollars available for capital projects in healthcare, senior communities, and affordable housing. The Owners have not been able to finance the larger projects or have had tax credit financing pulled on our Senior Community projects. Also, on the Healthcare projects the cost of financing has increased to a point that the projects have been stopped. Laurel Macdonald Bonnell, Principal wtih Macdonald Environmental Planning, P.C.