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Regional Economic Development News


New USDA Loan Program Helps Maine Nonprofit Invest in Community:


Created in 2016, the USDA Community Facilities Relending Program https://www.rd.usda.gov/programs-services/community-facilities-relending-program provides long-term, low-cost financing for community ...


Local leadership is key for successful Opportunity Zones for Economic Development:


State and local leaders nationwide were surprised to learn that the Tax Cuts and Jobs Act, signed into law at the end of 2017, delivered them the most ambitious economic development investment incentive ...


How 12 experts would end inequality if they ran America:




In small towns, a way to make remote work, work:




Dream Machine transforms abandoned retail space into the latest made-for-Instagram 'experience':




'Old becomes brand new': Opportunity zones might unlock rural America's economic potential:


Buried more than 300 pages into the late December tax overhaul signed by President Donald Trump is what some officials think might be a route to economic prosperity for rural America. A community development ...


Cities Don't Need More Jobs. They Need More Workers.:




"Examining the local value of economic development incentives":


A new report from the Metropolitan Policy Program at Brookings considers how incentives offered in Cincinnati, Indianapolis, Salt Lake City and San Diego align with the Brookings framework for inclusive ...


National League of Cities Report Says Bridge the Urban-Rural Economic Divide to Create Local/State Economic Growth :


"Bridging the Urban-Rural Economic Divide," a new report released today by National League of Cities (NLC) in partnership with the state municipal leagues, challenges conventional thinking about the ...


Where Small Town America Is Thriving:


Big city America has long demonstrated a distaste for its smaller cousins. This sentiment has, if anything, intensified with the election of President Donald Trump, whose improbable victory was ...


Cities pitching diversity in efforts to lure businesses:


Some cities and regions are highlighting racial diversity along with positive business climates, competitive tax rates and available land in pitches to lure tech companies and high-paying jobs to town. ...


Panel: Affordable housing is critical to economic development:


Much-needed workers are turning down jobs in Burley because they can't find affordable housing nearby, says Jan Rogers, chief executive officer for Regional Economic Development for Eastern Idaho. Rogers ...


Kansas City's struggle with the sharing economy is holding the tech community back:




Assessing your innovation district: A how-to guide:


Assessing your innovation district: A how-to guide," is a tool for public and private leaders to audit the assets that comprise their local innovation ecosystem. The guide is designed to reveal how to ...


Tax update: Many economic development grants are now taxable income:


The tax law signed at the end of last year introduced a provision that will significantly affect many economic development offices and related nonprofits across the country: "contributions to capital" ...


Economic Development in Your Community - Keep Your Eye on the Prize:


Is your community's economic development progress stalled? Make sure that you've aligned with these three items: 1. Communities cannot reasonably hope to achieve economic development success ...


Should we be measuring Scaleups instead of Startups?:


A great majority (90%?) of "start-ups" are local market (retail, service) That segment of the economy is being commoditized and consolidated (Walmart, Amazon, Home Depot, etc.), drying up ...


$65 Million for New Business Opportunities, Job Creation:


Montana & Idaho Community Development has received a $65 million award from the U.S. Treasury's New Markets Tax Credits program. That money will go directly to MT, ID and WY businesses that create jobs, ...


From Bozeman to Bend, how two cities are responding to growth:


Editor's note The question remains: How will Bozeman grow? Can we retain all that makes our city special? Will we be overrun by those seeking what we've already found? Are we destined to become ...


100,000 Micro Industries Predicted for the Next 20 Years - Perfect for rural communities:


"When the tools of production are available to everyone, everyone becomes a producer." "Long Tail," author Chris Anderson The Futurist anticipates the burgeoning industries that could boom ...


The toxic practice fueling the fierce competition over Amazon's second headquarters:




Economic Developers - Keep Your Eye on the Prize:


Is your community's economic development progress stalled? Make sure that you've aligned with these three items: 1. Communities cannot reasonably hope to achieve economic development success ...


Cities Are Killing The Future Of Work (And The American Dream):


In its new-headquarters search, Amazon seems hell-bent on accelerating the rapid urbanization of work. We should be trying to reverse it. If we're going to build a future of work that's secure, ...


Formula for Rural Prosperity Is Deregulation, USDA Report Says:


Long on rhetoric and short on specifics, the rural prosperity task-force document does not mention the fate of existing programs that support rural broadband, community development, and infrastructure. By ...


The fastest growing (and shrinking) states: A closer look:


The population of the United States increased by 2.2 million people in 2016. Natural growth -- the number of births less the number of deaths -- accounted for most of the population increase, while the ...


Venture Philanthropy: A People-Centered Approach to Economic Development:


Venture philanthropy applies the principles of venture capital to address societal issues and transform communities. Here's how Arch Grants puts these principles into practice to fuel future economic ...


SBA Announces Presidential Appointment of Jeremy Field as Regional Administrator for SBA Region X:


Field will oversee operations in SBA Region X which serves the Pacific Northwest states of Alaska, Idaho, Oregon, Washington The U.S. Small Business Administration (SBA) announces the appointment ...


While One Big Sky Center plans develop in Billings, another convention center proposal is ready to strike:


Billings is actively shopping for a new, full-scale convention center that will attract regional and national groups and businesses to the city. The Hammes Group, which has been lobbying the city for ...


Technology Is Driving Entrepreneurial Growth, And We're Not Just Talking About Silicon Valley:




Group calls investing in education 'best economic development package':


"Every student has the potential to impact a community if he or she receives a high-quality education," said Bob Wise, president of the alliance, which is set to release economic impact reports for 50 ...

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