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Boston Redevelopment Presentation   Umass 2009 (2)
 

Boston Redevelopment Presentation Umass 2009 (2)

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Presentation to UMASS Students on the Boston Redevelopment Authority

Presentation to UMASS Students on the Boston Redevelopment Authority

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  • municipal planning and development agency for Boston, working on both housing and commercial developments.The BRA was established by the Boston city council and the Massachusetts legislature in 1957. Its primary goal is to work with Bostonians, business and developers in order to provide direction for development in the city of Boston. Entitlement CommunitiesThe CDBG entitlement program allocates annual grants to larger cities and urban counties to develop viable communities by providing decent housing, a suitable living environment, and opportunities to expand economic opportunities, principally for low- and moderate-income persons. Section 108 Loan Guarantee ProgramDisaster Recovery AssistanceNeighborhood Stabilization ProgramRenewal Communities/ Empowerment Zones/ Enterprise Communities (RC/EZ/EC)
  • These jobs generally reside in personal services firms. The “other” category accounts for 25,273 jobs (4.6%), and a growth rate of 15.9%.1 & 2 Boston’s economic specialization, measured by its industry’s Location Quotient (LQ), shows that the city’s strengths are mainly in the areas of F.I.R.E. (2.82), Educational Services (2.42), Health Care & Social Assistance (1.45), and Professional, Business Services & Information (1.22) - Table 1. The LQ shows the degree of concentration of industry-economic specialization and compares the city industry concentration (employment in this industry as a percentage of the total jobs in Boston) to the national average concentration for this industry.
  • Implement and manage key economic sector projects to promote a strong economy in Boston by providing a clear and integrated approach to economic investment that addresses the current and future needs of the city.

Boston Redevelopment Presentation   Umass 2009 (2) Boston Redevelopment Presentation Umass 2009 (2) Presentation Transcript

  • Boston Redevelopment Authority
  • Boston Redevelopment Authority
    US Congress established Community Development Block Grant
    Mayor’s office of Jobs & Community Services is created
    BRA created to promote investment and development in Boston.
    1957
    1969
    1974
    1977
    1986
    Boston Marine Industrial Park created to protect marine, industrial and related jobs
    New Boston City Hall opens
  • City council president Thomas M. Menino becomes Boston’s 53rd Mayor
    Mayor launches Life Tech & Onein3
    Mayor launches Green Tech
    1993
    2001
    2007
    2005
    2004
    Mayor launches Back Streets
    Mayor launches Create Boston & Boston Retail
  • Boston BusinessPrivate Sector Employment
  • Boston Redevelopment Authority
  • Boston Redevelopment Authority
    Economic Initiatives
  • Economic Initiatives Mission
    BRA's Economic Initiatives team implements and manages key economic sector projects to promote a strong economy in Boston.
    Work in partnership with neighborhood residents, business owners, community-based organizations, developers, and state and federal agencies.
  • Economic Initiatives Tools
    City
    Liaison
    Financial Incentives
    Policy Development
    Site
    Finding
  • City Liaison
    Permitting
    Zoning
    Educational Events
    Outreach and Networking
  • Financial Incentives
    Loans
    Bonds
    Tax incremental financing
    Other
  • Policy Development
    Business Improvements Districts
    Neighborhood Strategic Plans
    Policy for a Specific Sector
    Workforce Development
  • Site Finding
    City-owned Properties
    Local Brokers
    Strategic Partnerships
    Site location assistance
  • FutureOutlook
  • Lisa Hemmerle, CPA (MA Lisc.)Deputy Director of Economic Initiatives
    Lisa.Hemmerle.BRA@CityofBoston.gov
    617.918.4280