Sept. 27, 2013
/PRNewswire-USNewswire/ -- The following statement is from
, Executive Director of the National League of Cities on the White House announcing funding for
"Today's White House announcement about federal grants and private money aimed at boosting public safety, neighborhood revitalization, and public transportation will hopefully help
begin the long road to recovery. It is a good example of what is possible when all levels of the intergovernmental partnership – federal, state, and local – come together to find creative solutions that will assist in accelerating innovation and building a foundation for future growth for families and children.
"It is important to note that these federal resources are not a bailout, but are funds that were already available to
that are being repurposed or made available at a quicker rate. There is nothing to indicate that this will alter the course of the bankruptcy proceeding and prevent the difficult decisions that lie ahead.
"We applaud the partners who came together to make today's announcement possible."
The National League of Cities is dedicated to helping city leaders build better communities. NLC is a resource and advocate for 19,000 cities, towns and villages, representing more than 218 million Americans.
SOURCE National League of Cities