Using AI in economic development: Challenges and opportunities
McKinsey Public & Social Sector Insights
MAY 23, 2024
There’s always been an art to stimulating economic growth. Now there’s a science, too.
How Municipalities Can Drive Local Economic Development
GovPilot
JULY 19, 2023
With the cultural shift to a “work from anywhere” mentality, as well as the recent passage of the Infrastructure Bill, there are many reasons for municipal governments to be excited about local economic development and the adaptation of civil society.
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Why Local Governments Should Make Housing Part of Their Economic Development Plans
NLC (National League of Cities)
JANUARY 16, 2024
NLC’s Entrepreneurship and Economic Development team helps cities meet their economic security needs by building robust and inclusive economies. In the […] Source
4 Steps Dearborn, MI Took to Invest in Economic Development and Public Health Through Green Schoolyards
NLC (National League of Cities)
OCTOBER 22, 2024
Authored by Jordan Twardy, Director of Economic Development, City of Dearborn, MI As the Director of Economic Development in Dearborn, Michigan, I realize that investing in public spaces can be overlooked in favor of more immediate infrastructure needs like water mains and roads.
Property Tax Exemptions for Community & Economic Development
Community and Economic Development Program of UNC
APRIL 10, 2024
This blog post attempts to identify which of these property tax breaks that might be relevant to a local government’s community and economic development plans. Under that exclusion, qualifying farmland is taxed at its present use (farming) rather than its true market value (for development). Retirement facilities ( G.S.
CIE Spotlight: Inside Raleigh’s Innovative Approach to Community and Economic Development
NLC (National League of Cities)
FEBRUARY 23, 2023
Raleigh’s Office of Strategy and Innovation may be new, but the city’s innovation ecosystem has been developing for years.
An economic development "transformational projects action plan" for Greater Wichita
Rebuilding Place in Urban Space
JANUARY 6, 2025
There are plenty of business organizations that come together to work together on economic development matters across jurisdictions, that's part and parcel of the "Growth Machine." The area would be used for industrial development. But it's a good example nonetheless. These things are all knit together now," Fluhr said.
Community building versus economic development
Rebuilding Place in Urban Space
MARCH 21, 2024
A problem on Market East and in Philadelphia, they said, is the city government only contemplates the future in response to developers’ wishes. Plus they have a bias against development to begin with, think developers are monsters because they make profits, etc. Most economic development planners don't know the difference.
How Are Economic Developers Partnering to Solve Workforce Challenges?
Community and Economic Development Program of UNC
JANUARY 4, 2023
To attract, retain and expand businesses in today’s tight labor market, economic development organizations (EDOs) are becoming more involved than ever in partnerships to help meet employers’ talent pipeline and training needs. Lehigh Valley Economic Development Corporation in Pa.; What do those partnerships look like?
How states can take a ‘quantum’ leap in economic development
GCN
APRIL 29, 2024
Governments are eyeing quantum technology as a way to boost jobs and their economies. But adopting the hard to understand technology, one expert says, will require educating and upskilling your workforce.
Episode 59: Economic Development as a Key to Community Development Services
CRA Today
APRIL 10, 2024
Episode 59: Economic Development as a Key to Community Development Services [link] There are a wealth of opportunities to serve aspiring entrepreneurs and established small businesses! The post Episode 59: Economic Development as a Key to Community Development Services appeared first on CRA Today.
Targeting Distribution + Logistics for Economic Development in Central Delaware
First State Insights
DECEMBER 18, 2020
Linda Parkowski, Executive Director of the Kent Economic Partnership, speaks with Troy Mix, Associate Director of the University of Delaware's Institute for Public Administration (IPA), about encouraging economic development in Central Delaware.
Delaware's Economic Development Response to COVID-19
First State Insights
APRIL 24, 2020
This interview was recorded on April 9, 2020. For more information on the Delaware Prosperity Partnership, visit choosedelaware.com. This interview was recorded on April 9, 2020. For more information on the Delaware Prosperity Partnership, visit choosedelaware.com.
Building a local economy versus "economic development": Gambling
Rebuilding Place in Urban Space
JANUARY 7, 2024
Had the same amount of money been spent on another activity, like shopping or dining, NERA Economic Consulting estimated that significantly more would have been paid out in wages, which employees would have then spent on other parts of the economy. Economic development versus building a local economy.
Microsoft to expand program that grows economic development in rural areas
GCN
FEBRUARY 23, 2023
The tech giant is set to expand TechSpark to all 50 states as it looks to grow place-based economic development opportunities through digital skills training.
Remote workers: When do they count for local economic development incentives?
Community and Economic Development Program of UNC
DECEMBER 15, 2022
The shift to remote work, whether universal or not, represents a significant challenge for public officials focused on economic development. Any discussion about economic development incentives must begin with the state constitution. Economic development subsidies have long been prohibited. N.C.G.S. §
Local Government Vacant Property Management: Combating Blight and Driving Economic Development?GovPilot
GovPilot
JULY 31, 2023
Vacant property management is pivotal in combating blight and driving economic development. If left unattended, abandoned properties can become breeding grounds for crime and urban decay, negatively impacting communities.
NBA All Star Game in Salt Lake, economic development hype | Pittsburgh Post-Gazette on the Pirates baseball team economics
Rebuilding Place in Urban Space
JANUARY 23, 2023
Utah Business magazine claims that the economic development impact of the Game will be as much as $250 million (" The 2023 NBA All-Star Weekend could boost Utah’s economy by $250M+ "). Economic Development hype versus building the local economy. But it would have to be built into the experience.
Recent Trends in Real Estate Development (Spring 2024)
Community and Economic Development Program of UNC
APRIL 11, 2024
These posts are meant to inform local governments about current conditions facing private developers and real estate development projects in their communities. Figure 1) Source: Fannie Mae Developers continue to report challenges caused by high interest rates. Louis FRED Economic Data. 2] (Figure 4) Source: U.S.
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How local governments are closing the financial gap for affordable housing developments
Community and Economic Development Program of UNC
AUGUST 13, 2024
The challenges facing real estate development today are well-known. A June 2024 survey of the nation’s largest developers found that two-thirds of multifamily projects in the pipeline are delayed because they are no longer economically feasible under current conditions. How have developers adapted to rising costs?
2024 Update: Local governments are closing the financial gap for affordable housing developments
Community and Economic Development Program of UNC
SEPTEMBER 4, 2024
The data shows that affordable housing developers continue to struggle with closing financial gaps in their projects (Table 1). The median development cost per unit remained steady at $250,000, more than 50% higher than in 2020. In response, developers increasingly relied on local governments to fill the financial shortfall.
Recent Trends in Real Estate Development: Winter 2024
Community and Economic Development Program of UNC
FEBRUARY 19, 2024
These posts are meant to inform local governments about current conditions facing private developers and development projects in their communities. In the months leading up to the Fed’s announcement, commercial real estate developers continued to report project delays caused by high interest rates. See Figure 1. link] [2] St.
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Texas launches searchable database of economic development agreements
GCN
AUGUST 24, 2022
Designed to improve transparency, the Comptroller’s database allows the public to search for agreements by local government, business entity and agreement type.
Forward Thinking on people on the move and the technological progress and productivity they bring with Dany Bahar
McKinsey Public & Social Sector Insights
APRIL 19, 2023
I think that migration could be the key to economic development that we haven’t discovered yet,” he says. A leading economist finds the answer in the interactions of economies with the rest of the world, through trade, capital flows, and—notably—migration. “I
Silicon Valley layoffs as a hiring opportunity for IT developers/city economic development elsewhere
Rebuilding Place in Urban Space
FEBRUARY 4, 2023
The Philadelphia Inquirer has an article, " Philly employers are desperately seeking tech workers even as Silicon Valley giants are laying off thousands ," making the point that despite the massive layoffs at software technology firms in California and Washington, there remains plenty of demand for developers at firms in places like Philly.
Recent Trends in Real Estate Development: Fall 2023
Community and Economic Development Program of UNC
OCTOBER 30, 2023
This blog post is the first in a regular series aimed at informing local government partners about current conditions facing private developers and development projects in their communities. In 2021, for example, a developer able to secure a $5 million loan with 3.5% With an interest rate of 8.5%
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Has the drive toward human development been thrown into reverse?
McKinsey Public & Social Sector Insights
SEPTEMBER 3, 2024
The UNDP’s Pedro Conceição talks about today’s global gridlock, uncertainty complex, and a pervasive sense of disempowerment.
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AWS Skills to Jobs Tech Alliance expands to Texas
AWS Public Sector Blog
JULY 23, 2024
The tech industry in the state of Texas is booming, with a growing demand for skilled workers in cloud, information technology (IT), software development, and data analytics roles. AWS has a long history of collaborating with organizations in Texas to advance workforce development and skills attainment initiatives.
Clark County CIO, Bob Leek, Prioritizes Digital Inclusion to Drive Economic Development
Government Technology Insider
AUGUST 9, 2024
We recently talked with Leek to learn more about his vision for Clark County and how he’s using the county’s telecommunications infrastructure to drive digital inclusion and economic development to ensure a more prosperous future for all residents in this prosperous but often economically stratified community.
Forward Together: New Reports Highlight Role of Natural Gas
NLC (National League of Cities)
FEBRUARY 8, 2024
By Frank Canavan, Senior Manager, State Affairs, American Gas Association Local leaders know that a thriving hospitality industry can be a boon to economic development and sustained growth. A new […] Source
The great Salt Lake City tax tradeoff
GCN
JUNE 17, 2024
sales tax to support economic development downtown. In a few weeks, the city council will be voting on a 0.5% But it’s not the money that is drawing all the attention, it’s what the city is giving up.
How Politics Wastes Tax Dollars in Tax Incentives
Barrett & Greene
NOVEMBER 6, 2023
Over the course of the last few months, we’ve been digging deeply into the world of tax incentives given by states and local governments to help encourage economic development. But the real reasons behind most economic development deals aren’t things for which they can take credit.
What @sog_ced is reading online: September 2023
Community and Economic Development Program of UNC
SEPTEMBER 29, 2023
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. link] Last month’s edition of “What @sog_ced is reading….”
Community Development Tools for the Digital Age
OpenGov
JULY 30, 2024
Community Development In The Digital Age [2024 Guide] In an OpenGov survey of local government community development professionals, 78% put economic development at the top of their priority list. This […] The post Community Development Tools for the Digital Age appeared first on OpenGov.
What @sog_ced is reading online: March 2024
Community and Economic Development Program of UNC
APRIL 2, 2024
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. Items of interest related to CED in North Carolina: N.C.
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You Can Take It to the Bank: Federal Reserve System Resources for CED Professionals
Community and Economic Development Program of UNC
OCTOBER 19, 2023
Beyond its many financial and economic responsibilities, one of the stated key functions of the system is to promote community development through the regional Federal Reserve Banks. Together, they work to promote the effective operation of the U.S. economy and the overall public interest. White Furniture, Mebane, N.C.
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What @sog_ced is reading online: January 2023
Community and Economic Development Program of UNC
JANUARY 31, 2023
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
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What @sog_ced is reading online: February 2024
Community and Economic Development Program of UNC
MARCH 1, 2024
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
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What @sog_ced is reading online: November 2023
Community and Economic Development Program of UNC
DECEMBER 1, 2023
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
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5 Key Transport Challenges Facing Developing Countries and What to Do About Them
The City Fix
MARCH 9, 2023
Transportation is a crucial enabler of economic development, providing people access to markets, employment, education, and health services. In addition to these development benefits, improving transport systems by making them cleaner, safer, more inclusive and more resilient accelerates climate action.
Calling All Cities: Free Electric Vehicle Charging Program Now Available
NLC (National League of Cities)
JANUARY 15, 2025
Co-authored by Thea Yagerlener, Senior Program Manager and Zack Loehle, Communications Manager, Interstate Renewable Energy Council The use of electric vehicles (EVs) can result in numerous benefits, including reduced vehicle emissions that support cleaner air and improved health, economic development opportunities and reduced noise pollution.
America’s Cities: Where Infrastructure Can Mean Inclusion
NLC (National League of Cities)
OCTOBER 25, 2023
It fuels economic development, promotes growth and improves the quality of life for citizens. By Mayor Edward “Eddie” Sundquist If your municipality is like mine, infrastructure is a major policy focus—and for good reason. And thanks […] Source
Pedestrian Zones Are Here to Stay
NLC (National League of Cities)
SEPTEMBER 13, 2023
Pedestrian zones offer a unique policy option for municipalities to explore that not only fosters community wellbeing but can also increase economic development, improve road safety and enhance mobility options for all residents.
What @sog_ced is reading online: February 2023
Community and Economic Development Program of UNC
MARCH 1, 2023
The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. 3KHDhH8 Last month’s edition of “What @sog_ced is reading….”
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