Federal Budget: Funding for Key #EconDev Programs

Apr 26, 2018 | Advocacy

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.

Hold the Date: July 26th – Community Rooted Economic Inclusion Playbook Webinar

The Ohio Economic Development Association is sponsoring a complimentary webinar on bringing equity and diversity to neighborhoods on July 26, 2021, 3 to 4:30pm. Sponsored in collaboration with the International Economic Development Council and the Brookings Institute, the Community-rooted Economic Inclusion Strategic Action Playbook argues that now is the time for community, city, and regional leaders to advance bold place-based solutions that foster long-overdue investment and opportunity within disinvested communities—and to do so in a way that benefits existing residents and small businesses within these communities.

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Substantial Transportation Funding Opportunities Blossoming

While this May has been cold, transportation funding opportunities are starting to heat up. The month of May brings with it funding opportunities for Ohio’s Transportation Improvement Districts (TIDs).  Ohio has 51 TIDs covering large areas of the state.  These intergovernmental agencies are designed to foster planning and cooperation among different counties and local governments to plan for regional transportation priorities.  TIDs have local, state and federal transportation funding sources upon which they can access. 

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