Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
Mayor Michelle Wu has hired more than 300 new City Hall staffers, helping fuel budget growth of 8 percent over the past year. Many of the new positions are in middle and upper management.
There's turnover in Washington with each new administration. Departing federal workers can bring valuable skills and experience to state and local governments.
The city’s planning office won’t approve conversion of single-family properties into multiple units in six neighborhoods. The desire to protect Latino neighborhoods from gentrification runs counter to the city’s housing goals.
With the state facing its worst budget gap in two decades, everything from education and juvenile justice to transportation spending is on the line.
Every few decades, we have an opportunity to change what our cities can be. This is one of those moments.
They’ve generated over $100 billion in investments in thousands of struggling communities. We have the opportunity to extend and expand the program — and to make it permanent.
New Haven was sliced and diced by highway and urban renewal projects. A series of smaller initiatives are gradually knitting the city back together.
Local foundations have gone beyond funding charities to changing economic activity and strategies in several major cities.
Over the past decade, Richmond, Va., has managed to cut its poverty rate by 36 percent. Many things broke right for the city, but a pair of mayors stuck with a longterm plan to make it happen.
California’s Democratic governor will also expand job training and credential programs to help more residents without degrees find work in the public sector.
Mayor Cherelle Parker has ordered city workers to show up at the office five days a week, leading more companies to follow suit. But hybrid work remains a new normal in many places.
Texas state Rep. Armando Martinez has been arguing for years that a law school would help the Rio Grande Valley economy and reduce brain drain. Local colleges are finally working on a plan.
A bill would allow more public employees to shift out of 401(k)-style plans into more traditional pensions, which could help with recruitment. But critics say costs are a reason the state has moved away from such plans for decades.
There’s a lot of talk in Harrisburg about reducing regulations, but much of the economic development effort still focuses on tax credits. Four different programs meant to draw businesses have little to no participants.
The city’s finances were already in poor shape but suffered a blow last month when voters rejected a $400 million-per-year sales tax hike.
In Connecticut, 40 percent say they’re either struggling or just getting by financially.
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