Economic Recovery Resources - Weekly Update
The Houston-Galveston Area Council and the Gulf Coast Economic Development District stand ready to assist the 13-county region in pursuing strategies to restore local economies. We have launched a recovery webpage and will be issuing this Economic Recovery Resources - Weekly Update to help our local partners stay on top of new funding opportunities. 

Subscribers to the monthly Regional Economic Development Digest will receive the weekly update automatically. We hope to make it easier for you to secure the resources you need to recover quickly.

Please e-mail Josh Owens or call 832-681-2613 to discuss economic recovery needs you may have.

Business Retention and Recovery Survey Response Deadline Extended


To better understand how COVID-19 measures and volatile energy prices have affected the region's economy, the GCEDD is asking you to complete to a brief survey to identify immediate needs and coordinate economic recovery efforts. Responses are due by May 7.

Greater Houston Partnership Economic Update-April 28 Recap

The Greater Houston Partnership's Patrick Jankowski discussed how COVID-19 and oil prices are impacting the national and local economies and how Houston's current downturn compares to the '80s oil bust and '08 recession.


Texas Department of Housing and Community Affairs HOME Guidelines Released


The Texas Department of Housing and Community Affairs (TDHCA) HOME Program announces that the Tenant Based Rental Assistance COVID-19 Set-aside Application and Application Submission Procedures Manual are now available.


U.S. Environmental Protection Agency Provides Grant Funding to Support Environmental Justice Communities Impacted by COVID-19

In response to the COVID-19 public health emergency, the Environmental Protection Agency is making $1 million in grant funding available to states to help local environmental justice communities address COVID-19 concerns faced by low-income and minority communities.

Economic Development Administration CARES Act Funding


The U.S. Economic Development Administration anticipates releasing a Notice of Funding Opportunity for the $1.5 billion in Coronavirus Aid, Relief, and Economic Security Act (CARES Act) funding within the next few weeks. The GCEDD will provide technical assistance for applicants, please e-mail Josh Owens or call 832-681-2613 with any questions.

Federal Funding for Rural Communities

The U.S. Department of Agriculture (USDA) released a COVID-19 Federal Rural Resource Guide organizing funding opportunities identified in the CARES Act and other federal resources that can help support rural America. 

Current USDA funding opportunities:
Upcoming Economic Recovery Webinars

May 5 | Business Planning & Considerations for Reopening Houston with a Focus on Paycheck Protection Program | Greater Houston Partnership
Join the Greater Houston Partnership on Tuesday, May 5 for a webinar on Business Planning and Considerations for Reopening Houston with a particular focus on the tax, legal and HR implications of the Paycheck Protection Program.

May 6 | Rethinking BR&E in the COVID-19 Era | International Economic Development Council
Business retention and expansion (BR&E) has always been the basis for successful economic development. In the era of COVID-19 a strong BR&E program is more essential than ever before. However, the pervasive health and economic consequences of this global pandemic require economic developers to rethink our traditional mindset and approaches to BR&E.

May 6 | Researching in Place: Top 5 Free Data Sources for Mastering Your Local Economy While Stuck at Home | Texas Economic Development Council
Access to data has always been an important aspect of running a best-in-class Economic Development Corporation. There are several free tools and information sources powered by publicly available data that every economic developer should know how to use.

May 6 | Governor's Small Business Series-East Texas | Office of the Governor
The Governor's Small Business Webinar Series will provide Texas small business owners and entrepreneurs with timely, relevant, and actionable information on COVID-19 recovery resources. Businesses will also get the chance to hear from local experts and support systems.

Partner Resources

Visit our website for information and links to local, regional, and partner organizations that have additional resources and information on economic recovery. A select list is presented below.

The Greater Houston Partnership has established the Greater Houston Business Recovery Center (GHBRC), which will provide guidance on policy and financing related to recovery programs.

RestoreYourEconomy is your resource for up-to-date information related to COVID-19 and its economic impacts.

The Texas Economic Development Council COVID-19 webpage catalogs COVID-19 resources, updated, and links. It includes webinars, small business program examples, research white papers, resources for businesses, Texas Workforce Commission resources, and advice for retailers.

The National Association of Development Organizations COVID-19 resource center provides advocacy resources, upcoming virtual events and training, federal agency COVID-19 resources, member response resources, national partner organizations response resources, Office of Management and Budget guidance, state-by-state workforce guidelines, philanthropic resources for communities, and economic resilience resources.

The International Economic Development Council Corona Virus Response webpage provides information on the IEDC's COVID-19 webinar series, COVID-19 resources, and frequently updated situational reports.
 
The Economic Recovery Resources - Weekly Update is published by the

Houston-Galveston Area Council, 3555 Timmons Lane, Suite 120, Houston, TX 77027
Sent by joshua.owens@h-gac.com in collaboration with
Constant Contact
Try email marketing for free today!