Clean Renewable Energy Advancement Tax Extension Jobs Act of 2009 or the CREATE Jobs Act - Amends the Internal Revenue Code to: (1) extend through 2016 the tax credit for producing electricity from wind and open-loop biomass facilities; (2) increase the limitation on the issuance of new clean renewable energy bonds; and (3) extend through 2011 the additional depreciation allowance for certain business assets acquired after 2007.