Diversifying Economic Development Programs & Community Advantage Broadmoor Hall E 10:45 am 11:45 am
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1 Diversifying Economic Development Programs & Community Advantage Broadmoor Hall E 10:45 am 11:45 am
2 San Diego Bankers CDC Founded in 1992 Focus on small loans CDFI Status
3 Community Reinvestment Fund 504 Lookalike National Program New Markets Tax Credit
4 State Loan Guarantee California Southern SBDC Serve as President & Administrator Federal SBBCI Funds
5 CDC SBF Today Leading SBA 504 Lender Leading Community Advantage Lender CDC Synergy Services Capital Markets - $50 Million CDC Ventures CDC 501c(3) Prudent Lenders Arthur Goodman Scholarship Fund Cal Southern SBDC San Diego Bankers CDC CAIP Program
6 National Association of Development Organizations Our mission is to strengthen local governments, communities, and economies through the regional strategies, partnerships, and solutions of the nation s regional development organizations.
7 What are Regional Development Organizations? The generic term Regional Development Organizations (RDO) is used to describe a multi-jurisdictional, public-based regional planning and development organization These public-sector entities are governed by a regional policy board with majority control by local elected officials. As mandated by various federal programs, RDO boards may also include business, nonprofit, education and community leaders.
8 What are Regional Development Organizations? Councils of Governments Area Development Districts Economic Development Associations Economic Development Councils Regional Development Commissions Regional Planning Commissions Regional Councils Planning and Development Districts Association of Governments Economic Development Districts Local Development Districts Regional Commissions
9
10 About Regional Development Organizations The legal basis for most RDOs originates through state statute or gubernatorial executive order, or MOU of local governments RDOs may have many different federal program designations, such as: Economic Development District for U.S. Economic Development Administration Local Development District for a Federal-State Regional Commission (i.e. ARC, DRA) Metropolitan Planning Organization (MPO) and/or Rural Transportation Planning Organization (RPO) for Transportation Planning
11 About Regional Development Organizations Serve as forum to craft regional solutions for area needs and opportunities Prepare plans and strategies for broad range of regional and local issues, including compliance with federal mandates and requirements Strengthen local governments through technical assistance, public administration and leadership capacity Advocate for regions and locals at federal and state levels
12 What Services Do RDOs Provide? Economic Development Assistance Grant Writing and Administration Transportation Planning Aging Services Workforce Development Community Lending Geographic Information Systems Housing Services Brownfields Redevelopment Emergency Management Water Resources Planning
13 Community Lending
14 Community Lending
15 Community Lending
16 Community Lending
17 Community Lending
18 Community Lending
19 Economic Development Districts Designated by the Economic Development Administration Multi-Jurisdictional Provide Technical Assistance to Eligible Entities Partner with the Private Sector Development Comprehensive Economic Development Strategies (CEDS)
20 Economic Development Districts
21 CEDS A Comprehensive Economic Development Strategy (CEDS) is a regional strategy which reflects local economic development needs and priorities and recommends a regional approach to strengthen and diversify local economies.
22 Background Elements of a CEDS Analysis of Economic Development Problems and Opportunities Regional Goals and Objectives Community and Private Sector Participation Strategies, Projects, Programs, and Activities Plan of Action Performance Measures
23
24 What s Up Next Awards Luncheon and Panel Discussion Broadmoor Halls AB 12:00 pm 1:30 pm Hall of Fame Award Economic Development Grants Luncheon Panel: CDC & 504 Success in a Competitive Market Breakout Session II Broadmoor Halls C, D, E & F 1:45 pm 2:45 pm
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