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Empowering Regions through the CEDS Process (David Ives)

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Empowering Regions through the CEDS Process (David Ives)

  1. 1. The CEDS: Looking Back, Looking Forward SWREDA Conference December 6, 2019
  2. 2. 2 LOOKING BACK CEDS circa 2001 (left)
  3. 3. 3 LOOKING BACK – SIZE CEDS circa 2001 (left) CEDS circa 2001 (left)
  4. 4. 4 LOOKING BACK – LOOK & FEEL
  5. 5. 5 LOOKING BACK – CREATIVITY CEDS circa 2001 (left) River Valley Regional Commission (GA) Buckeye Hills Regional Council (OH)
  6. 6. 6 LOOKING BACK – RESILIENCE Southeastern MT Development Corp
  7. 7. 7 LOOKING FORWARD – OPPORTUNITY ZONES Assistant Secretary John Fleming • Opportunity Zones are designated low-income census tracts where tax incentives are available to encourage those with capital gains to invest in low-income and undercapitalized communities. • Twelve percent of US census tracts are Opportunity Zones (8,700+ tracts). Governors (primarily) nominated the zones, which were officially designated by the US Department of the Treasury. • Opportunity Zones are a natural fit for EDA  Mission alignment  Investment Priority  Eligibility under Special Need  New section in the CEDS Content Guidelines
  8. 8. 8 LOOKING FORWARD – OPPORTUNITY ZONES Why focus on the CEDS? 1. “Investment Ready” 2. Regional Perspective 3. Right Platform Key Elements: 1. Inventory/map the Opportunity Zones in the region 2. Identify key partners/collaborations 3. Recognize linkages with the data, goals/objectives, and priority projects within the CEDS • Incentives • Marketing • Measures http://www.statsamerica.org/opportunity
  9. 9. 9 LOOKING FORWARD – WHAT’S NEEDED CEDS circa 2001 (left) • Tools & Resources? • Information? • Guidance? David R. Ives, AICP Interim Director, PNPD/Planning Coordinator Economic Development Administration US Department of Commerce Washington, DC 20230 dives@eda.gov www.eda.gov

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