Economic Development
Legislation Seeks to Block Secrecy With Economic Development Deals
Bills put forward in at least three states aim to ensure there's transparency around tax breaks and other incentives.
60 Finalists Selected for $1B Regional Development Program
Coalitions from across the U.S., some led by cities and state and local agencies, are vying for federal grants worth between $25 million and $100 million.
Detroit to Use Up to $75M in Federal Aid on Workforce Program
The city will direct American Rescue Plan Act dollars to an initiative that will involve residents doing neighborhood projects, while also completing job training or earning high school degrees.
With Scant Data, Questions Hang Over Opportunity Zones
The economic development program received renewed scrutiny on Capitol Hill this week, with some lawmakers and experts suggesting it is in need of reforms.
New $1B Economic Development Program Draws Heavy Interest
Over 500 applicants, state agencies and local governments among them, have applied for the regionally focused initiative. There are only 50 to 60 slots available in its first phase.
7 Offshore Wind Leases Could be Economic Boon to US Coastal Communities
The Interior Department is "laying out an ambitious roadmap" for the proposed wind power sites in waters off eastern and western states by 2025.
Tesla to Move Headquarters From California to Texas
CEO Elon Musk cited housing affordability and commute times in announcing the relocation, which follows a clash between the billionaire and California officials last year.
Museums, Cultural Institutions Cut Jobs Despite PPP Loans, Report Finds
More than 14,400 employees were laid off from 288 institutions that received federal loans meant to help preserve jobs, according to a public service employees union.
Ford to Invest Billions in Electric Vehicle Production in Two States
One governor is describing a planned facility as the largest economic development project his state has ever seen.
Four-State Economic Renewal Plan Gets Fresh Attention
Local officials and others launched discussions this week about a broad revitalization proposal for Appalachia. Talks come as federal legislation could unlock money to help make it feasible.
How Early Childhood Care Differs Between Better and Worse Off Families
New research finds that kids from households on higher socioeconomic rungs tend to spend less time with their parents, but also receive higher quality care.
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