The economic recovery plan, to be signed by President Obama on Thursday, is expected to be especially lucrative for the environmental industry, according to Democrats.

"Through the President's stimulus package, green initiatives will play a significant role in powering economic recovery," said EPA Administrator Lisa P. Jackson in a recent press release. "EPA's portion of the plan will create good, sustainable jobs that help produce cleaner drinking water, purer air, environmentally friendly urban and rural re-development, and reduced greenhouse gases."

The American Recovery and Reinvestment Act of 2009 includes $7.22 billion for projects and programs administered by the EPA. Some of the cash influxes for environmental projects will include:

• Clean Water State Revolving Fund and Drinking Water State Revolving Fund: $4 billion for assistance to help communities with water quality and wastewater infrastructure needs and $2 billion for drinking water infrastructure needs. A portion of the funding will be targeted toward green infrastructure, water and energy efficiency, and environmentally innovative projects.
• Brownfields: $100 million for competitive grants to evaluate and clean up former industrial and commercial sites.
• Diesel Emissions Reduction: $300 million for grants and loans to help regional, state and local governments, tribal agencies, and non-profit organizations with projects that reduce diesel emissions.
• Superfund Hazardous Waste Cleanup: $600 million for the cleanup of hazardous sites.
• Leaking Underground Storage Tanks: $200 million for cleanup of petroleum leaks from underground storage tanks.

According to Jackson, preference will be given to projects that can be started and completed expeditiously; the agency intends to move designated funds to states as quickly as possible. All funding will be monitored by the EPA's Inspector General, which will receive $20 million for oversight and review. Announcements of grants will be posted on the EPA's website. The state-by-state distributions for clean water and drinking water state revolving funds will also be available on the Web.

Links

• Information on the state-by-state distributions for clean water and drinking water state revolving funds