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KnowledgePlex: News: Economic Revitalization
Activities on the part of government, community-based organizations, or business groups to improve the economic health of an impoverished area are an important aspect of community development. Typically, such programs aim to entice businesses to relocate (or stay) in the economic development zone, improve the occupational and academic skills of local residents, encourage the creation and retention of new jobs, and encourage entrepreneurship and the formation of new businesses. A wide variety of tax credits, hiring subsidies, property improvement, and other incentives may be used.
Governor Paterson Announces State to Start Accepting Round 3 of Restore New York Grant Applications The following information was released by the office of the governor of New York: Governor David A. Paterson today announced that beginning February 9 local municipalities can apply for Round 3 of Restore New Yorks Communities Initiative grants, totaling $150 million. The Restore New Yorks Communities Initiative encourages economic development and neighborhood growth by providing municipalities ... Congressman Sestak Votes For Historic Legislation to Rebuild Economic Security Introduces Amendments to Further Support Families And Small Businesses The following information was released by the office of Pennsylvania Rep. Joe Sestak: To avoid a deeper and more protracted economic recession that would devastate the economic security of his constituents, while ensuring a more rapid recovery from the recession, Congressman Joe Sestak (PA-07) voted for H.R. 1, the American Recovery and Reinvestment Act of 2009, today, which passed the House by ... GREETINGS FROM NEW PITTSBURGH; How a Progressive Stimulus Program Could Revitalize Pittsburgh and America's Older Cities Imagine a $1 trillion stimulus program that wasn't laden with pork. Imagine a program that ended decades of sprawl and decline. Imagine investing in the cities that built America, the cities that have lost jobs and population for the past 30 years. Imagine developing a program that could reverse that trend and create a new triple bottom line of sustainable economic growth, investment in built environments ... Blairsville Downtown eyes Elm Street status Feb. 6—Blairsville Downtown, a non-profit organization focused on improving the economic health and quality of life in downtown Blairsville, is poised for a major transition this year, pending approval of an Elm Street Program the group is hoping to pursue in cooperation with Blairsville Borough. "We'll be phasing out of Main Street and, hopefully, we'll go into a predominant Elm Street role ... CITI; Citi Announces $2 Million in Community Development Grants to Help Revitalize Urban Areas The Citi Foundation announced it is providing funding to local community development organizations in 20 urban communities across the country to support innovative, physical development and rehabilitation projects known as place-based initiatives that champion the long-term or large scale revitalization of low- and moderate-income communities (see also Citi). The Citi Foundation is offering ...