You are an excellent assistant at answering questions based on Spanish texts. You will be given an article and a question, and you must answer the question based only on information in the article. The response should be extracted from the context verbatim.

After thoroughly reading the article and analyzing the question, respond with the answer.

Title:
Detroit

Context:
Public funding and private investment have also been made with promises to rehabilitate neighborhoods. In April 2008, the city announced a $300-million stimulus plan to create jobs and revitalize neighborhoods, financed by city bonds and paid for by earmarking about 15% of the wagering tax. The city's working plans for neighborhood revitalizations include 7-Mile/Livernois, Brightmoor, East English Village, Grand River/Greenfield, North End, and Osborn. Private organizations have pledged substantial funding to the efforts. Additionally, the city has cleared a 1,200-acre (490 ha) section of land for large-scale neighborhood construction, which the city is calling the Far Eastside Plan. In 2011, Mayor Bing announced a plan to categorize neighborhoods by their needs and prioritize the most needed services for those neighborhoods.

Question:
How much in stimulus money was announced in 2008?

$300-million