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Economic Development News
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Explore the Opportunity Zone Mapping Tool and Presentation | GCEDD
Additionally, H-GAC released a new opportunity zone mapping tool that provides socio-economic data and the location of opportunity zones throughout the region.
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Apply for Regional Innovation Strategies Program | April 4 Deadline | EDA
The EDA is currently
accepting applications for this year's Regional Innovation Strategies Program. Cities, counties, and non-profits are included in e
ligible applicants.The program has two separate challenges:
- FY19 i6 Challenge - catalyzing high-growth entrepreneurship throughout the
 country, the i6 Challenge awards up to $750,000 for projects that increase regional capacity to accelerate the translation of innovations, ideas, intellectual property, and research into products, services, companies, and jobs.
- FY19 Seed Fund Support (SFS) Grant Competition - unlocking risk capital for entrepreneurs and startups to grow, SFS grants provide up to $300,000 for projects that create, launch, or expand equity-based seed funds or that create networks and tools that enable capital to flow into high-growth startups in all parts of the U.S.
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Attend the Next Bringing Back Main Street | April 23 | H-GAC
The location and topic are to be determined. H-GAC hosts quarterly roundtables to help local governments, chambers of commerce, and economic development interests promote the economic revitalization of downtown areas.
In January, the Bringing Back Main Street Roundtable was held in Angleton. Jason Vandever, Energy Code Program Manager at SPEER, shared his knowledge on meeting building codes and standards when renovating old or historic buildings in downtown. Jason's presentation was followed by a tour of two renovated buildings in downtown Angleton led by Martha Eighme, City of Angleton's Economic Development and Tourism Director.
For more information, contact Joey Kaspar 713-993-4547.
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Disaster Recovery Program | IEDC
The International Economic Development Council is placing experienced economic development professionals as volunteers in economic development organizations throughout the region that can use expert input doing various tasks such as: attracting inward investment, branding and marketing, business outreach, retention and recovery, community outreach, finance, flood control and mitigation, grant writing, strategic planning, and training/education.
Thanks to U.S. Economic Development Administration funding, the volunteers - who typically come for five days and then do supplementary work remotely - are
completely free of charge to organizations in the region
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December Gulf Coast Labor Market Analysis | Workforce Solutions
Workforce Solutions provides a monthly analysis of the Gulf Coast region's labor market. Some highlights from the December 2018 report are:
- Employers in the Houston-Galveston region added 3,700 jobs during the month of December 2018
- Warehousing and distribution jobs grew the most with about 3,900 positions added
- 3.9 percent regional unemployment rate; total Nonfarm employment stood at 3,181,700 in December, up 3,700 jobs over the month, or 0.1 percent
The report highlights data from the Texas Workforce Commission and the Bureau of Labor Statistics focusing on the region's 13 counties. Reports from January to December 2018 are available on Workforce Solutions' webpage.
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New Community Toolkit for Broadband | Released January 2019
The toolkit, developed by Next Century Cities provides several case studies and lessons learned from successful projects around the United States.
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Investments Working to Spur Development | City of Houston
East End, in the City of Houston, provides an example of a community working to invest to spur development. The Greater East End Management District (GEEMD), with support from H-GAC, funded a series of planning studies to identify needed investments in the community.
Following-through on these study recommendations, the GEEMD secured over $31 million in infrastructure investments, leveraging local, state, and federal partnerships to bring in $5 for every $1 of GEEMD money spent. These investments improve the quality of life and sense of place for the East End ultimately addressing a variety of the East End's challenges to create a unique and more resilient community.
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Funding Opportunities
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USDA Rural Broadband Access Loan Program |Continuous Through 2019
Applicants including local governments, non-profit, and for-profit companies can now apply for this US Department of Agriculture Rural Broadband Access Loan program.
Program funds pay for the construction, improvement, and acquisition of facilities required to provide service at the broadband lending speed throughout eligible rural areas including facilities required for providing other services through the same facilities.
Loan amount and
terms vary by project and location. For more information visit the
USDA's website
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Hurricane Harvey Funding Available | EDA | Continuous
The U.S. Economic Development Administration's (EDA) Austin regional office received $129,119,000 in supplemental funding for disaster relief and is actively seeking projects to help communities in the region recover from Hurricane Harvey. The released
Notice of Funding Opportunity
outlines the requirements, which include the following:
- Projects require a 20% match, which can include in-kind
- Typical projects will range from $1 million - $2.5 million
- Projects must demonstrate a nexus to Harvey in terms of economic recovery or resilience
- Eligible applicants include governments, non-profits, and universities
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Funding for Clean Vehicle Programs | H-GAC | Continuous
H-GAC's Clean Vehicles program has grant funding available for local governments, school districts, and businesses to accelerate the replacement of high-emitting and heavy-duty diesel trucks and buses with new, lower emission vehicles. The program funds projects in the
Houston-Galveston-Brazoria nonattainment area
. Previously funded projects include clean diesel and alternative fuel bus and truck replacements, natural gas refueling systems, hybrid electric transit buses, and marine vessel engine replacements. More information is available online.
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Funding for Commuter and Transit Programs | H-GAC | August 2022
H-GAC is requesting applications from local communities in the
Metropolitan Planning Area
for pilot programs that assist in the development of alternative travel modes that will help to improve air quality throughout the region. Projects may include, but are not limited to, new commuter bus services, suburban to suburban employment commuter services and first to last mile services. Funding is available from $150,000 to $1.6 million. More information about
H-GAC's Congestion Mitigation Air Quality Commuter and Transit Pilot Program
, including how to apply, is available online.
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Manufacturing Innovation Challenge | U.S Department of Energy
| Ongoing
The U.S. Department of Energy is offering a series of cash prizes for innovations in next generation manufacturing technologies.
The Challenge
offers applicants an opportunity to submit innovative design concepts for additive manufacturing and other topics within several technology areas, including bioenergy, buildings, fuel cells, and vehicle technologies.
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Construction on
Thompson Intermediate School
will begin in August at the northwest corner of Country Club Drive and Antrim Street in Pearland. The $37.5 million, 178,000 square-foot project is expected to be completed by August 2021.
Avenue Community Development Corporation plans to develop a
mixed-use community center
north of downtown Houston. The development will be three-stories, and 30,500 square feet at 3527 Irvington Boulevard. The project is expected to open in early 2020 and it will contain a health clinic, an early childhood education center, and Avenue's Headquarters.
UTHealth Continuum of Care Campus for Behavioral Health
, a joint project between the University of Texas Health Science Center at Houston and the Texas State Health and Human Services Commission, will break ground this summer. The $125 million mental health facility will be at 5601 W. Leland Anderson Street next to the UTHealth Harris County Psychiatric Center in Houston.
Novel River Oaks
is planned at 2511 Willowick Road, Houston, the site of former senior community. The new development will feature 330 apartments over eight-stories and a row of town-homes. It will also include 14,000 square feet of retail and restaurant space on the ground floor. It is expected to open in 2020.
A new
338-unit apartment project
broke ground near the Texas Medical Center, in Houston. Alta Med Main will be located at 9330 Main and should be open by spring 2020.
A
tactical training center for the Houston Police Department
broke ground in January. The $10 million project Tilman Fertitta Family Tactical Training Center will be at 1700 Aldine Westfield near the George Bush Intercontinental Airport. The 44,000 square-foot, two-story facility is expected to open in December.
Construction on
Innovation Tower in the Texas Medical Center
is expected to begin later this year. Phase one will consist of 476,500 square feet of office space and a parking garage. Phase two will depend on the market, but it may include 410 luxury residential space or additional medical and life science office space. The project is expected to be 48 stories and 1.6 million square feet. Innovation Tower will be at 6700 Main St.,Houston the site of SureStay Plus Hotel By Best Western.
MD Anderson Cancer Center will open a new
260,000 square foot outpatient center
at 13900 I-10 in the Katy area, between Eldridge Road and Park & Ride Drive. The new facility is expected to have 150 full-time employees.
The University of Texas MD Cancer Center three-story,
208,000- square-foot outpatient clinic
will open in September 2019. The facility will be located at the southwest corner of the intersection of College Park Drive and Fellowship Drive.
Compiled from reports in Community Impact Newspapers, Houston Business Journal, and Houston Chronicle
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