Archive: Jun 2013

  1. Investing in HOPE

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    The economy may be coming back, but cities and communities still struggle with limited resources. As we begin to accept the paradigm of doing more with less, we need to learn from the experiences of other places and tailor our investments to match the unique needs and qualities of our communities. In the Arts District, the concept of a mobility hub can be adapted to appeal to the hipster/early-adopter audience that would jump at the opportunity to try alternative transportation modes (e.g. bike share and car share) that can be accessed with help from mobile technology. Likewise, San Diego’s South Bay aims to invest in the skills and education of its diverse and striving population by adapting some of the lessons learned in the country’s leading tech hubs. (more…)

  2. Mobility Hubs for LA Arts District

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    Los Angeles’ Arts District has been fertile ground for real estate developers interested in developing niche residential, commercial, and (to a lesser extent) industrial properties. A growing number of market-rate lofts, creative office space, and trendy restaurants have turned the neighborhood into a destination for many Angelenos. However, growth of the budding district has been hampered by several factors, including aging infrastructure and disjointed connections to surrounding neighborhoods. (more…)

  3. Universities as Economic Drivers

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    Cities and regions have long looked for ways to utilize science and technology as drivers for economic growth. One of the most successful strategies has been to use low-cost land to build research parks affiliated with research universities. Many regions have used this technology-based economic development strategy to generate sustainable technology clusters that create jobs, spur entrepreneurship, and generate economic value over the long-term. (more…)

  4. The Economic Status of Latinas Report

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    This month, ELP Advisors has invited another friend of the firm to share her experiences with our readers. This time we’re looking at economic development through the eyes of an influential and growing constituency. We’ve invited HOPE (Hispanas Organized for Political and Economic Equality) to share some insights from their recently released report on “The Economic Status of Latinas.”

    By: Helen Iris Torres, Executive Director and CEO of Hispanas Organized for Political and Economic Equality

    Latinas comprise a vibrant and highly visible segment of California’s multi-ethnic population. They are playing a critical role in California’s economy as their numbers increase. California’s fast-growing Latino population reached over 14 million in 2010, with just under half, or 6.95 million, being Latinas. One in every three females in the state is a Latina. By 2020, Hispanics will be 40.8% of the state population. (more…)

  5. Global Infrastructure: Trends and Challenges

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    Well-planned, financed, and executed infrastructure provides a foundation for growth and prosperity for developing and developed economies alike. A joint report by The Urban Land Institute (ULI) and Ernst & Young, Infrastructure 2013: Global Priorities, Global Insights tracks major trends in infrastructure across the globe. It estimates a global infrastructure demand of $57 trillion by the year 2030, with most of the funds needed for road and power projects. (more…)

  6. An Overhaul of Workforce Education and Training in the Works

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    ELP Advisors is pleased to begin work with UC Berkeley’s Don Vial Center for Employment in the Green Economy on a project to overhaul current workforce education and training for California’s investor-owned utilities energy efficiency programs. (more…)

  7. Priority Legislation Moves Forward + Fresh Funding Opportunities

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    This month, we provide you with news brimming with information on fresh funding opportunities and financing strategies.

    In addition to our usual legislative and budgetary updates, we have included articles on development financing tool boxes, crowdfunding, economic development grants, and CRA infrastructure dollars. (more…)

  8. Federal Budget and HUD Update

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    President Obama, via his Fiscal Year 2014 federal budget proposal, called for the U.S. Department of Housing and Urban Development (HUD) to transfer the activities of their Office of Sustainable Housing and Communities to a new Office of Economic Resilience.  Our friends at DC Streets Blog have shared some additional insight on this move: (more…)

  9. California Budget Update

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    Photo by Rich Pedroncelli, Associated Press

    Photo by Rich Pedroncelli, Associated Press

    The May Revise of the Governor’s proposed $224 billion budget for Fiscal Year 2013-14 was unveiled earlier this month. The revised budget was generally acknowledged as a fiscally prudent budget that strives to invest more dollars in our education system while tightening other general fund expenses. The Sacramento Bee noted that Governor Brown “took a hard line” in his revised budget proposal, and that the he “flatly said there was very little money available to significantly restore cuts made in social services in recent years to balance the budget.” (more…)