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Economic Development

Overview

Economic Development

Many cities, counties and special districts are pursuing sustainable economic development – policies and practices that help communities attract and retain jobs for the long term, while also maintaining environmental quality, conserving resources, addressing economic disparities and promoting public health.  The Institute offers information, case stories, studies and reports, and links to organizations that can help local officials in their efforts to create more prosperous and sustainable local communities.  Many of these strategies have the added benefit of reducing short-term and long-term costs to provide and maintain public services and infrastructure.  

Overview

Opportunity Zones

OZ resources for local agencies

Opportunity Zones (OZs) are a new community investment tool designed to encourage long-term investments in low-income urban and rural communities nationwide. OZs were established by Congress in the Tax Cuts and Jobs Act of 2017 and provide a tax incentive for investors to re-invest capital gains into dedicated Opportunity Funds.

Overview

Engaging the Public in Economic Development

Local economies are largely built on the foundation of a strong community. ILG offers resources and case stories to help local leaders explore how a robust public engagement process can enhance local agency decision-making and success with regard to economic development planning and activities.  

Overview

Sustainable Economic Development Resource Center

Creating prosperous and sustainable communities is a goal that all local officials and leaders can share, and we at the Institute want to help you pursue that goal.

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