Economic development

Statement: Trump budget would hamper community development and local economic growth

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Earlier today President Trump released his budget blueprint for fiscal year 2017-2018, which outlines increased military spending and cuts for many domestic programs—including key programs that support economic growth in American communities.

Notably the blueprint eliminates funding for HUD’s Community Development Block Grants, USDOT’s TIGER Grants, and the National Endowment for the Arts, and would make major cuts to the EPA; HUD’s HOME Investment Partnerships Program, Choice Neighborhoods and the Self-help Homeownership Opportunity Program; as well as development programs at USDA.

Advocacy Economic development

Announcing the recipients of our Small-Scale Manufacturing And Place-Based Economic Development technical assistance

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The Gates Art Gallery building in Lowell, MA’s Acre neighborhood. Lowell is hoping to support small-scale manufacturing in the neighborhood. Photo by Richard Howe via Flickr.

Four communities are using small-scale manufacturing for downtown revitalization to create economic opportunity, and will receive free technical assistance from Smart Growth America, made possible by the U.S. Economic Development Administration (EDA).

Small-scale manufacturing has emerged as an innovative strategy in today’s urban economic development toolbox. For many cities, this new industry can connect residents to good paying jobs and economic opportunity in the neighborhoods they call home. Smart Growth America’s newest technical assistance program helps cities integrate small-scale manufacturing spaces into their economic development work.

Economic development Technical assistance

Coming soon: new research on parking requirements at TOD stations

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Research has shown development near transit stations requires less parking than other kinds of development. Yet most engineering guidelines are unclear exactly how much less parking is needed. Oversupply of parking takes up valuable land, raises the cost of development, and misses a key opportunity. Building the right amount of parking can help communities get … Continued

Economic development Transportation

(Re)Building Downtown

Downtowns, Main Streets, and city centers across the country are witnessing a renaissance. As more Americans chose the convenience and connectivity of walkable neighborhoods, communities are seeing new businesses, restaurants, and shops open in areas that were formerly vacant or economically distressed. This movement presents an economic opportunity for communities. Creating a vibrant, walkable neighborhood … Continued

Economic development

What We Learned from the Stimulus

Stimulus spending data shows that funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. This analysis shows that in the first ten months of the American Recovery and Reinvestment Act (ARRA), investments in public transportation created twice as many jobs per dollar as investments in highways.

Through the end of 2009, American Recovery and Reinvestment Act (ARRA) investments in public transportation produced almost twice as many jobs per dollar as investments made in roads: Every billion dollars spent on public transportation produced 19,299 job-months. Every billion dollars spent on projects funded under highway infrastructure programs produced 10,493 job-months. As Congress and the Administration discuss a possible jobs bill, the implication is clear: shifting available funds toward public transportation will increase the resulting employment.

Advocacy Economic development Transportation

Core Values: Why American Companies are Moving Downtown

Hundreds of companies across the United States are moving to and investing in walkable downtown locations. As job migration shifts towards cities and as commercial real estate values climb in these places, a vanguard of American companies are building and expanding in walkable downtown neighborhoods. Why are companies choosing these places? What are the competitive … Continued

Advocacy Economic development

Introducing "Amazing Place"

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A new trend in local economic development is emerging. Talented workers—and the companies who want to employ them—are increasingly moving to walkable neighborhoods served by transit, with a vibrant mix of restaurants, cafes, shops, cultural attractions, and affordable housing options.

Economic development

Amazing Place

Many companies—from Fortune 500 titans to lean startups to independent manufacturers—are moving to places that offer great quality of life for their employees. As Smart Growth America detailed in our 2015 report Core Values: Why American Companies are Moving Downtown, these companies want vibrant neighborhoods with affordable housing options, restaurants, nightlife, and other amenities in … Continued

Economic development

Safer Streets, Stronger Economies

What do communities get for their investments in Complete Streets? In this study of 37 projects, Smart Growth America found that Complete Streets projects tended to improve safety for everyone, increased biking and walking, and showed a mix of increases and decreases in automobile traffic, depending in part on the project goal. Compared to conventional … Continued

Complete Streets Economic development
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