This roundtable and workshop series provides tips small cities and towns can use to create an economically-vibrant Main Street, featuring presentations by experts from throughout Texas.
The Economic Development Administration is providing $268 million in grant funding through the Coronavirus Aid, Relief, and Economic Security (CARES) Act to support job creation and bolster economic recovery.
Houston-Galveston Council’s webinar on June 18, 2020, with the Economic Development Administration helped participants learn how their communities can access this grant funding for economic development.
Opportunity Zones are a new tax incentive created to spur investment in designated low-income census tracts. Taxpayers can reduce or eliminate capital gains through qualified investments in businesses or real estate within an Opportunity Zone. The economy in the Houston-Galveston region is recovering from Hurricane Harvey, and low-income communities in the region were disproportionately affected by Harvey’s floodwaters. Attracting investments to the region’s Opportunity Zones will speed the long-term economic recovery of these communities.
H-GAC, the U.S. Economic Development Administration, and the International Economic Development hosted an Opportunity Zones Summit on Monady, August 19, 2019, at H-GAC.
Summit participants:
©2021 Houston-Galveston Area Council
Houston-Galveston Area Council
Houston-Galveston Area Council