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|
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Opportunity Zones Aren’t a Gimmick—They’re a Legitimate Investment Option

*Provided by Fortune.com "Among the many benefits, the initiative allows investors to defer tax on capital gains by investing in Qualified Opportunity Funds (QOF), vehicles organized specifically for injecting money into designated Opportunity Zones. Additionally, the longer an investment is held in a QOF, the lower the capital gains tax liability. Through step-up of basis [...]

2019-10-07T16:42:35-07:00October 7th, 2019|CALED News, Econ Dev News|
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Learn More About USDA Rural Development’s Value-Added Producer Grant Program

Provided by USDA Rural Development "Helping our nation’s agricultural producers remain strong, vibrant businesses is an important goal of USDA Rural Development’s Value-Added Producer Grant program. The VAPG program is open to agricultural producers, producer groups and co-ops looking to generate new products, and create and expand marketing opportunities while increasing producer income and customer base. VAPG [...]

2019-09-04T15:18:38-07:00September 4th, 2019|CALED News, Econ Dev News|
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EDA Announces Availability of $587 Million to Aid Communities Impacted by Natural Disasters

*Provided by the EDA "EDA has a long history of successfully supporting disaster recovery and resiliency efforts. EDA's role in disaster recovery is to facilitate the timely and effective delivery of Federal economic development assistance to support long-term community economic recovery planning and project implementation, redevelopment and resiliency. EDA is uniquely positioned to coordinate regional [...]

2019-08-13T14:32:55-07:00August 13th, 2019|CALED News, Econ Dev News|
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