Federal Budget: Funding for Key #EconDev Programs
Federal Budget: The omnibus spending bill passed by Congress in March authorized favorable spending levels for 2018 for federal economic development programs, including:
- Economic Development Agency – 302 million for fiscal 2018; about $26 million above fiscal 2017;
- Manufacturing Extension Program – received $140 million; $10 million above fiscal 2017;
- CDBG – received roughly $3.3 billion; $365 million about fiscal 2017;
- TIGER – received $1.5 billion; $1 billion above fiscal 2017 ;
- Rural Business-Cooperative Service – received roughly $77 million; about $12 million above fiscal 2017
- Employment and Training Administration apprenticeship opportunities – received $145 million; $50 million above fiscal 2017;
- Minority Business Development Agency – received $39 million; $5 million over fiscal 2017, and
- Appalachian Regional Commission- received $155 million; $3 million over fiscal 2017.
City of Tiffin launches second Dream Big Tiffin process on Sept. 3
TIFFIN, OHIO – On behalf of the City of Tiffin, the Tiffin-Seneca Economic Partnership is announcing the start of the 2021 Dream Big Tiffin cycle. Citizens and organizations can submit ideas and full project proposals for community development projects online at www.dreambigtiffin.com starting on Friday, Sept. 3, through Friday, Oct. 15, 2021.
read moreNew Industrial Building Breaking Ground in Logan-Hocking Commerce Park
LOGAN, OH – Construction on a new speculative industrial building in the Logan-Hocking Commerce Park started this month. The finished building will be 48,000 square feet and can be divided to accommodate up to 8 potential tenants in spaces as small as approximately 6,000 square feet.
read moreLobbyist Impact State of Ohio Capital Budget Community Project Success
A lot like the state operating budget, the capital budget is passed every 2 years, in the second year of the General Assembly. The capital budget is legislation where the State of Ohio appropriates resources to state owned infrastructure as well as other government purpose projects called community projects. Community projects make up only a small amount of the on-average $2 billion capital budget, but these appropriations generate the biggest focus from the legislature.
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