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04-20-10 EDC Meeting
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04-20-10 EDC Meeting
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BLADC <br /> �'' Economic Development Financing Overview <br /> April 2010 <br /> Page 1 <br /> Sources of Economic Development Financing <br /> • Local <br /> • Regional <br /> • State <br /> • Federal <br /> Purpose <br /> • Encourage Investments and Attractive Financing <br /> • GAP <br /> • Incentive <br /> • Address Community Needs(Housing and Redevelopment) <br /> • But-For/Other <br /> City's RLF's and Programs <br /> 1. JOBS and Economic Development <br /> • Local Legislative Programs-Tax Increment,Tax Abatement,JOBZ, etc.—Individual Project <br /> Consideration <br /> • Revolving Loan Programs <br /> 2. Community, Housing and Redevelopment <br /> • Local Legislative Programs-Tax Increment,Tax Abatement, etc.—Individual Project <br /> Consideration <br /> • Revolving Downtown Funds and Housing Funds <br />
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