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Federal Programs Supporting Economic Development

There are various sources of technical and financial assistance from the federal government that communities may draw upon in their economic development efforts.
  • Excessive cost of providing public services/facilities for new development
  • Not enough innovative economic development taking place
  • Not enough jobs or economic opportunities for local residents
  • Funding opportunities may require matching funds
  • Grant applications can be difficult and may require the assistance of a professional grant writer
  • High level of competition for grants and loans
 
Implementation Examples Outside Georgia


Federal Programs Supporting Economic Development


Guides For Implementing This Tool

U.S. Department of Housing and Urban Development - YouthBuild
Grants to non-profit organizations to help high-risk youth housing construction job skills as they finish their high school education.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.youthbuild.org

USDA Rural Development Georgia
The Rural Development program has state, area, and field office locations throughout Georgia. These offices serve as resources to rural communities to provide information and technical assistance for the federal Rural Development programs. Rural Development resources include grants, loans, and technical assistance for housing programs (single and multifamily), infrastructure (water, wastewater, solid waste management), business assistance, and rural Empowerment Zones and Enterprise Communities.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.rurdev.usda.gov/ga/index.htm

Economic Development Administration in the U.S. Department of Commerce
EDA’s regional office in Atlanta is the main contact for Georgia communities for EDA programs. Contact Gilbert Patterson at (404)730-3000. EDA programs include the following: Public works program – funding support for locally-developed infrastructure projects, Economic adjustment program – grants for strategic planning, project implementation, and establishing revolving loan funds for communities that have experienced or are in danger of experiencing serious structural damage to their economic base, Partnership planning grants – for strategic planning and implementation, Technical assistance program (local) – grants to address economic development needs, such as feasibility studies, revitalization plans, tourism development strategies, and geographic information systems.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.eda.gov/InvestmentsGrants/Pgmguide.xml

Economic Development Administration in the U.S. Department of Commerce - Trade adjustment assistance
Through the Southeastern Trade Adjustment Assistance Center – helps manufacturing firms improve operations and remain competitive.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.setaac.org

U.S. Department of Housing and Urban Development
HUD’s regional economic development specialist contact is Charles Greenfield at (404) 331-5001 x2547. The Georgia Department of Community Affairs administers HUD’s Community Planning and Development Division grants for community development, economic development, and affordable housing. HUD’s economic development programs include: Renewal Community/Empowerment Zone/Enterprise Community Initiative (RR/EZ/EC) – tax incentives, grants, and government partnerships for a select number of distressed urban and rural communities; Rural Housing and Economic Development (RHED) – grants for capacity building and support for housing and economic development in rural communities; Section 108 Loan Guarantee Program - Community Development Block Grant (CDBG) entitlement communities and some non-entitlement communities are eligible to apply loans for redevelopment and revitalization; Economic Development Initiative (EDI) – funding for economic development projects for entitlement communities and some non-entitlement communities; used in conjunction with the Section 108 Loan program; Brownfields Economic Development Initiative (BEDI) – grants to clean up and redevelop brownfield sites in entitlement communities and some non-entitlement communities.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.hud.gov/offices/cpd/about/cpd_programs.cfm

Small Business Administration
The Georgia district SBA office is a resource for small business owners and communities seeking to assist their businesses. SBA provides loans, grants, counseling, and technical assistance for entrepreneurs and small businesses.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.sbaonline.sba.gov/ga/index.html

Appalachian Regional Commission
ARC is a federal-state partnership that supports economic development in the Appalachia region, including the northern counties in Georgia. ARC administers its program through local development offices called regional development centers, of which there are six in North Georgia. These regional development centers assist local communities with regional and local planning, GIS mapping, historic preservation, aging services, workforce development, and other community development issues.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.arc.gov/index.jsp

U.S. Department of Education – Office of Innovation and Improvement
OII is authorized to award grants at the state and local levels for unique education programs. Programs include Transition to Teaching, which awards local education agencies with grants to recruit, train, and place professionals or recent college graduates in teaching positions.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.ed.gov/about/offices/list/oii/funding.html

U.S. Department of Labor – Employment and Training Administration
ETA is focused on workforce development, training, and placement. Many of ETA’s programs are run through local One-Stop Career Centers.
http://www.dca.state.ga.us/OITDSShared/asp/NavDisclaimer.asp?Leaving=GQGP&GoToURL=http://www.doleta.gov


Model Ordinances

No records available.

Aids For Visualizing This Tool

No records available.

Georgia Implementation Examples

No records available.

Implementation Examples Outside Georgia

No records available.

Other Resources

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