The rehabilitation of the Shoppe on Main Street demonstrates that the program continues to serve as vital
economic development tool for projects both big and small.
In a news release, Cuomo said, «These numbers prove that this program is an
effective economic development tool and we will continue our efforts to preserve this state's historic properties and drive growth throughout the process.»
He learned that agriculture is the key to job creation and
economic development tool in Africa, but because of the high risks, no one likes lending to farmers.
TADs are
powerful economic development tools for municipalities looking to improve property values and attract developers to challenging areas prime for development or redevelopment.
«What's important is why they are coming to Michigan: Investing in renewable energy is a way of saving money and it's a
great economic development tool,» Freeman said.
Main Street ® is a
unique economic development tool that enables communities to revitalize downtown and neighborhood business districts by leveraging local assets.
Donnelly's view of redevelopment as an «
effective economic development tool» is contradicted by overwhelming evidence that the corporate welfare program fails to create jobs or stimulate local economies.
Over the next several years, the professional economic development community resisted efforts to reform the program arguing that this was their most
powerful economic development tool and it could not be modified without calamitous results.
In this case, the treaty is really more of
an economic development tool, helping Canadian companies grow internationally by easing their tax burdens.
Zemsky said it's viewed right now as another «tool in
the economic development tool box» and doesn't need a specific person to run it.
Governor Cuomo has been pushing the plan for upstate casinos as
an economic development tool for several months now.
Zemsky explained it's just one of the state's
economic development tools and that it takes time for innovative business programs to take root.
Lentol said expanding alcohol sales in theaters also could be
an economic development tool, particularly in upstate communities where smaller movie houses struggle to attract patrons.
«Of all the things Albany can do for us, it is vital in these economic times to allow our county to use and sharpen
the economic development tools that have worked for us,» said Levy.
Last year, Governor Cuomo signed a state law allowing municipalities to form nonprofit corporations to create land banks as
an economic development tool.
They have come under fire from both liberals and conservatives, who question whether they are effective
economic development tools or simply giveaways to favored companies.
An economic development tool used in Illinois is hiding the rising value of some taxable property, skewing the state funding formula for schools and depriving poor districts their fare share of funding.
State policies on retirement income exclusions vary greatly, but have one or both of two purposes: to protect the income of taxpayers who are no longer in the workforce, and to serve as
an economic development tool by attracting retired people to, or retaining them in, a state.
«It's
an economic development tool that helps to diversify the economy with competitive, high - paying jobs,» she said.
It's for reasons like this that OTA argues that organic agriculture can and should be used as
an economic development tool.
The proven success of the Camp Creek TAD led other municipalities in Metro Atlanta to utilize this effective
economic development tool.
The program is used as
an economic development tool, especially in rural communities and urban areas with high unemployment.
Since 1983, WHEDA has been partnering with local lenders to support entrepreneurs, small businesses, and community revitalization through
our economic development tools.