MADISON — Gov. Janet Mills announced a plan Tuesday to spend more than $1 billion in an effort to revive Maine’s economy.
During a news conference in Madison, Mills said the $1.13 billion is part of the federal money heading to Maine as part of the American Rescue Plan. She said the money will provide recovery loans and lower health care costs for small businesses as well as strengthen the state’s unemployment fund.
“These funds are entrusted to us as a state to use both wisely and comprehensively. Of these funds, over $1 billion dollars will be awarded to state government to be distributed in a way that is tailored to Maine’s unique circumstances,” she said.
Mills plan sets aside money to, among other things, expand internet access, build affordable housing, and fix the state’s roads and bridges.
The governor’s plan also calls for money to attract and retain workers, train workers, and connect workers to existing job opportunities.
Mills said using the federal COVID-19 relief money allows the state to deal with issues that have long been seen as roadblocks to a vibrant economy.