Final Opportunity Zone Treasury Regulations Released

*Provided by jdsupra "Treasury has issued two prior sets of proposed regulations. The Final Regulations consolidate these proposed regulations as well as change various parts to reflect comments received on the rules over the last two years. Among the changes that were made, the Final Regulations clarify aspects of the 180-day investment period, clarify how [...]

2019-12-31T11:05:04-08:00December 31st, 2019|CALED News, Econ Dev News|

Top Five Metros for Tech Job Growth – Three are from California

*from Clearancejobs.com "According to new research from the Brookings Institution, about 90% of growth in high-tech jobs was concentrated on five cities: Boston, San Francisco, San Jose, Seattle and San Diego. The Washington, D.C.-based think tank found that these metropolitan areas accounted for nearly all of the nation’s innovation-sector growth from 2005 to 2017. Brookings [...]

2019-12-18T09:48:02-08:00December 18th, 2019|CALED News, Econ Dev News|

Cruise Industry Drives $2.5 Billion into California Economy

*Provide by the Orange County Register "California is the home of headquarters and support facilities for several cruise lines including Princess and Crystal Cruises; it has four major cruise ports in Los Angeles, Long Beach, San Diego and San Francisco. Last year the ports generated nearly 2.2 million passenger visits and crew arrivals, or 8% [...]

2019-12-04T11:06:48-08:00December 4th, 2019|CALED News, Econ Dev News|

Quarterly Economic Snapshot: Strategic Consideration of Development Fees in Economic Development

In partnership with Economics & Planning Systems, the California Academy for Economic Development has released the latest quarterly economic report. You can read the economic snapshot to learn about the effect of Development Impact Fees (DIFs) and some possible solutions for reducing DIFs or augmenting funding for infrastructure and facilities. Read Snapshot here

2019-11-12T08:21:02-08:00November 12th, 2019|CALED News, Econ Dev News|

DOT Launches Rural Opportunities to Use Transportation for Economic Success (ROUTES) Initiative

*Provided by U.S. Department of Transportation "Rural Opportunities to Use Transportation for Economic Success (ROUTES) is an initiative to address disparities in rural transportation infrastructure. Specifically, rural transportation infrastructure’s unique challenges need to be considered in order to meet our Nation’s priority transportation goals of safety and economic competitiveness."   For more information, click here

2019-10-17T09:37:46-07:00October 17th, 2019|CALED News, Econ Dev News|