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Economic Development Community Development State and Local Government

Cozen O'Connor

Broad Street Brief: City Council Examines HOME Initiative

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Mayor Cherelle Parker unveiled details about the programs to be funded by her signature Housing Opportunities Made Easy (HOME) Initiative on Monday. More than 75% of the $800 million bond amount will be allocated to seven key...more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

Bilzin Sumberg on

The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Bricker Graydon LLP

[Hybrid Event] Hot Topics for Ohio Political Subdivisions in 2025: Housing Development - April 2nd, Cleveland, OH

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Bricker Graydon is pleased to present a series of hybrid events covering hot topics impacting Ohio's political subdivisions throughout 2025. Join us in person in our Cleveland office or virtually via Zoom for the next event...more

Maynard Nexsen

Project Catalyst: An Economic Development Podcast | Episode 13: Economic Development in Rural Alabama with Valerie Gray and Lori...

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This week, Tina and Tom welcome veteran economic developers Valerie Gray and Lori Huguley who help drive Alabama’s growth as owners of VaLor Strategies. Valerie and Lori share stories from their decades of experience as...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Offit Kurman

Will 2025 Bring Greater Equity Investment and Debt Financing in NJ? NJ Aspire 3.0 aspires to do just that.

Offit Kurman on

On January 23, 2025, Governor Phil Murphy enacted significant amendments to the New Jersey Aspire Program by signing Senate Bill 1323/Assembly Bill 2076 into law. The amendments, collectively referred to as “NJ Aspire 3.0”...more

Bricker Graydon LLP

New JobsOhio District Will Fully Capitalize on Four-County “Lake to River” Region’s Assets

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A newly designated economic development region, Lake to River Economic Development, will benefit not only its four member counties, but the state as a whole, Governor Mike DeWine said in an exclusive interview with the The...more

Bricker Graydon LLP

Investments Spark Economic Development Opportunities

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Many months of hard work, planning, and collaboration among various partners have been rewarded this spring as the DeWine Administration announced the results of the long-anticipated Appalachian Community Grant (ACG) Program....more

Farrell Fritz, P.C.

Tax Incentives Aim to Drive Real Estate Development Forward

Farrell Fritz, P.C. on

It has long been an accepted reality that very little real estate development gets done in New York State without the help of a myriad of tax incentive packages handed out by state and local governments—and the entities that...more

Maynard Nexsen

Project Catalyst: An Economic Development Podcast | Ep. 3: Secretary Harry Ligthsey, SC Department of Commerce

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Host Tina Emerson is joined by Tushar Chikhliker, Maynard Nexsen's Economic Development Practice Group Leader, for a conversation with South Carolina Secretary of Commerce Harry Lightsey. They cover a range of topics, from...more

Womble Bond Dickinson

Highlighting Key Economic Development Actions from Across the U.S.

Womble Bond Dickinson on

California - In the Golden State, a bill to expand the state’s approach to workforce development programs passed the Senate floor on a 31-6 vote on May 24th, and is set to be considered by the Assembly’s Labor and...more

Bricker Graydon LLP

New details of $500M Appalachian Community Grant Program released

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​​​​​​​The Ohio Department of Development’s Governor’s Office of Appalachia recently released new details for a program that will infuse up to half a billion dollars into the 32-county region (see our September 21, 2022 blog...more

Maynard Nexsen

The Buzz, An Economic Development Podcast | Episode 78: Harry Lightsey, South Carolina Secretary of Commerce

Maynard Nexsen on

Secretary Harry M. Lightsey III was appointed by Governor McMaster to serve as Secretary of Commerce in June of 2021. A fixture in South Carolina’s business community for decades, Lightsey is bringing his expertise and...more

Downs Rachlin Martin PLLC

Vermont Legislative Update | January 31, 2022

Business - Administration’s Economic Development Proposal – The Commissioner of Economic Development, Joan Goldstein, briefly updated the Senate Committee on Economic Development this week on the administration’s...more

Pullman & Comley, LLC

Funding Opportunity Available Through the DECD Under the CT Communities Challenge Grant Program

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The State of Connecticut’s Department of Economic and Community Development (“DECD”) is offering a competitive grant application process to fund multiple projects under the CT Communities Challenge Grant Program (the...more

McGuireWoods Consulting

American Rescue Plan Implementation - November 2021

McGuireWoods Consulting on

State Actions on Coronavirus Relief Funds | American Rescue Plan Overview - On March 10, 2021, Congress passed President Biden’s stimulus and COVID-19 relief package, the American Rescue Plan (ARP). The $1.9 trillion...more

Orrick, Herrington & Sutcliffe LLP

Orrick Public Policy Podcast #25 – A Conversation with the California State Senate Majority Leader Robert M. Hertzberg

In our latest episode, Public Policy Practice Group Leader Jeremy Kudon and Justin Cooper, Finance Sector Leader and a member of our Public Finance practice, spoke with California Senate Majority Leader Bob Hertzberg about...more

McGuireWoods Consulting

American Rescue Plan Implementation - September 2021 #2

State Actions on Coronavirus Relief Funds | American Rescue Plan Overview - On March 10, 2021, Congress passed President Biden’s stimulus and COVID-19 relief package, the American Rescue Plan (ARP). The $1.9 trillion...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 02-05-2021 - An analysis from DRM's Government & Public Affairs Team

Project based TIFs would expand rural redevelopment - The Senate Committee on Economic Development, Housing and General Affairs is considering S.33, a bill that would allow more towns to apply for project-based tax...more

Orrick, Herrington & Sutcliffe LLP

Final Tax Regulations Offer More Certainty to Opportunity Zone Fund Managers and Investors

Opportunity Zone (or “OZ”) investment was hailed in 2018 and 2019 as the hottest and most innovative way of attracting significant private capital to distressed communities in the United States and its territories by offering...more

Harris Beach Murtha PLLC

New York State Announces Consolidated Funding Awards

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The Central, Mohawk Valley, Southern Tier, Capital, and Long Island Regions are the five “top performers” announced last week as part of the 2019 Regional Economic Development Council Round IX Consolidated Funding Awards. ...more

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

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Part 2: New California Housing Laws - Agencies will have expanded roles under the Surplus Land Act, and will have to satisfy new housing element requirements under Assembly Bill 1486, signed by Gov. Gavin Newsom on...more

McDermott Will & Emery

Tax Court Rules State Corporate Incentives Are NOT Taxable Income Under Federal Law

McDermott Will & Emery on

Many states and localities give incentives for business to move or transact in their locations. There has always been a question of whether these incentives are taxable income under federal income tax law. Internal Revenue...more

Bricker Graydon LLP

Ohio SB 8 would authorize tax credits for Opportunity Zone investments

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A bill that would authorize tax credits for investments in an Ohio Opportunity Zone received support from the Summit County Executive and the Greater Cleveland Partnership, Gongwer reports. ...more

Pullman & Comley, LLC

ALERT: Lamont Forms Economic Development Partnership

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The Lamont Administration announced that David Lehman, Global Head of Real Estate Finance for the Investment Banking Division of Goldman Sachs, will be the new Commissioner of the Department of Economic and Community...more

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