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.
HB168/BFPD Informational Webinar
Join a discussion, hosted by the Greater Ohio Policy Center (GOPC), to learn about the recently passed HB168, which establishes the bona fide purchaser defense (BFPD) into Ohio law. The establishment of the BFPD into Ohio law better aligns Ohio law with federal standards, and aims to encourage the redevelopment of lightly contaminated brownfield sites.
read moreIn Case You Missed It: Connect with OEDA Social Media
In between our email newsletters and event updates, be sure to go follow OEDA’s new and updated social media channels to ensure you stay up-to-date with our events, economic development news, and other communications!
read moreAn Open Letter to OEDA’s Members and Ohio’s Economic Development Community
OEDA has been listening and learning as the issues around systemic racism have been brought to the forefront and captured the nation’s attention. It is devastating that the deaths of Ahmaud Arbery, Breonna Taylor, and George Floyd—and, sadly, the indisputable video evidence of their killings—became the catalysts for our country to collectively pay attention and admit that systemic racism exists. What is also indisputable is that the time for change is now.
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