Funding Sources for Economic Development - Financial Assistance Programs

Contents

• Federal Sources
• Washington State Sources
• American Recovery and Reinvestment Act (ARRA)
• Private Nonprofit Sources
• MRSC Related Pages
  • Grant Resources for Washington Local Governments
  • Economic Development Program Incentives

Federal Sources

• Economic Development Administration Funding Opportunities
• EPA Environmental Finance Tools - Environmental Protection Agency
• Housing and Urban Development
  • Funding - Library Resources
  • Office of Community Planning & Development
  • Office of Economic Development
  • Rural Housing and Economic Development - An information clearinghouse providing technical assistance, training, and information resources to support rural housing and economic development
• Small Business Administration
• U.S. Department of Agriculture
  • Business Programs Rural Business-Cooperative Service (RBS) and Business Programs (BP)
  • Rural and Community Assistance Programs - U.S. Forest Service
  • USDA Rural Development Online Funds Available  

Washington State Sources

• Highways and Local Programs Grant Sources - Washington State Department of Transportation
  • Infrastructure Funding Sources Database
• Washington State Department of Commerce (formerly CTED)
  • Economic Development  - Listing of Programs by Division 
  • Washington State Department of Commerce Index of Services, Grants and Loans - Browse List
  • Community Economic Revitalization Board (CERB)
• Washington Housing and Finance Commission Nonprofit Facilities Financing - Among the projects funded are cultural, economic development, job training facilities
• Washington State Public Works Board
  • Washington State Public Works Board - See Left Column for Loan Programs
    • Loan Programs At a Glance - Chart

American Recovery and Reinvestment Act (ARRA)

General

• American Recovery and Reinvestment Act of 2009 ( 1 MB)
• Recovery.gov - U.S. Government site
• Recovery.wa.gov - Washington State Government site
  • The American Recovery & Reinvestment Act: Washington State Program Summary ( 277 KB) -  Complete List of Funding Categories
  • County by County Map of Recovery Funding 
  • Recovery.wa Program Contacts - Fund sources available by application and the agency responsible for distributing the money.
• How to Access Funds from the American Recovery and Reinvestment Act - Association of Washington Cities
• American Public Works Association Economic Recovery 2009
• MainStreet Economic Recovery -  U.S. Conference of Mayors
• National League of Cities Economic Recovery Resources

Build America Bonds

• Updated: New Bond Financing Options – Build America Bonds and Recovery Zone Bonds ( 303 KB), K&L Gates Public Finance & Tax Alert, June 2009  - Posted with Permission from K& L Gates
• Treasury Announces $25 Billion in Direct Allocations of Recovery Zone Bonds - New Program to Help State, Local Governments Finance Economic Development, TG 168, June 12, 2009 
  • Link to the total state allocations and the complete list of direct county and large city allocations (152 MB) - Cited in TG 168
• Treasury Releases Guidance on Build America Bonds and School Bonds, TG-80, April 3, 2009
• IRS Issues Guidance on New Build America Bonds, IR-2009-33, April 3, 2009

Selected Economic Recovery Information from Washington Jurisdictions

• Puget Sound Regional Council - Federal Economic Recovery Funding
• Clark County American Recovery and Reinvestment Act of 2009(ARRA) ( 45 KB) -  Funds the county expects to receive from the federal stimulus monies
• Seattle -  Recovery.Seattle.gov 
• Yakima County Region Transportation Improvement Projects for federal Economic Recovery Funds ( 12 KB) - Yakima Valley Conference of Governments

Private Nonprofit Sources

• ShoreBank Enterprise Cascadia 
• Economic Development Finance Services - National Association of Development Organizations (NADO)

Funding Sources for Economic Development - Financial Assistance Programs Related Resources
MRSC Index – Financing economic development, government sponsored funding programs, loan programs