Nobody downloaded yet

Economic Development - Essay Example

Comments (0) Cite this document
Economic Development Instructor: Task: Date: Through statistical data taken recently, the Government Accountability Office estimates that Brownfield’s sites range from four hundred and fifty thousand to one million in the United States of America. Brownfield’s are sites or locations that are perceived to be contaminated or hazardous…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Economic Development Essay
Read TextPreview

Extract of sample
"Economic Development"

Download file to see previous pages The existence of these incentives programs is made possible by the sole fact that the Brownfield program can help in boosting tax revenue, creating jobs, reducing environmental hazards, promoting general economic health and cleaning up neighborhood eyesores. Without a doubt, real estate redevelopment in any country is a complex undertaking. It doesn’t matter whether the land in question is either clean or contaminated, bottom line is that the processes of assembling land, financing and planning of redevelopment encounters many challenges. There have been different responses to the reuse of contaminated property due to political, cultural and economic differences. Each nation has a different approach to Brownfield since it shaped by the degree to which it is burdened by properties which are contaminated, as well as other factors such as population density, land availability, historic preservation objectives and other governmental priorities. But given the diversity of American States and towns, these tools and approaches- to be modified as needed- may provide new ideas to practitioners within the United States. ...
BEDI grant funds are emphasized on a particular use and primarily targeted for use on the redevelopment of Brownfields sites in economic development projects and the increase of economic opportunities for low and moderate income persons as part of the creation or retention of businesses, jobs and increases in the local tax base. The stimulus for private sector parties and local governments to go on and foresee the redevelopment is the BEDI funds. They as well as continue phased redevelopment on brownfield sites where either potential or actual environment conditions are known and there is existence of redevelopment plans. There is an emphasis by the HUD on the use of BEDI and the section 108 loan guarantee funds to finance activities and projects that have the ability to produce results after a short while and bring about economic benefits. Applications on whose scope is limited to factors such as site acquisition, no immediately planned redevelopment or remediation are not encouraged by the HUD. Through the BEDI funds, enhancement of security and improvement of the viability of a project especially if it is financed with a new section 108 guaranteed loan commitments. The BEDI program is seen as possible way to spur the return of brownfields to productive economic use through financial assistance to public entities in the redevelopment of brownfields. It as well enhances the security and improvement of the viability of a project which has the financing of section 108 guaranteed loan authorities. Hence, due to this, the BEDI grants must be used in conjunction with a new section 108 guaranteed loan commitment. Section 108 is the loan guarantee provision of the Community Development Block Grant (CDBG) program. It is ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Economic Development Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Economic Development Essay Example | Topics and Well Written Essays - 2250 words. Retrieved from https://studentshare.org/e-commerce/1443120-economic-development
(Economic Development Essay Example | Topics and Well Written Essays - 2250 Words)
Economic Development Essay Example | Topics and Well Written Essays - 2250 Words. https://studentshare.org/e-commerce/1443120-economic-development.
“Economic Development Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/e-commerce/1443120-economic-development.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
The dominant view about growth is explained along with the factors, which cause the relentless phenomenon of growth that we have so far experienced. It explains why humanity should look towards prosperity, which is not going to be measured by the traditional indices of growth.
6 Pages(1500 words)Essay
Relationship between Entrepreneurship, Innovation and Economic Development
From individual level to organizational level to the national level, everyone seeks some level of economic development. Once economic development comes about, it is expected that the general wellbeing of people will improve. With economic development, people are able to access not their needs but also to a very large extent, their wants also.
6 Pages(1500 words)Essay
Economic Development Essay
The world is becoming more and more interdependent and whether you think globalization is a good or bad thing, it is here to stay. Seeking to explore the present international economic situation with an eye to the main theoretical approaches to the globalization phenomenon, different theoretical paradigms will be analyzed.
7 Pages(1750 words)Essay
The US and Economic Development
During the days of the huge British Empire spanning the entire world; the most important power that a country could have was its military superiority over the other. European Countries with better equipped and well disciplined armies were able to subjugate African and Asian countries who had limited resources and a lesser equipped military
19 Pages(4750 words)Essay
Economic Development Master Essay
Although a variety of development scenarios exist and are employed by governments, foreign actors and non-governmental organizations (NGOs), this essay will explore the models of development currently employed today. As such, we will explore socialist economic development, capitalist economic development and growth and the establishment of business-orientated zones (also known as "Free Trade Zones") which blend authoritarianism, statist economic development most commonly found in socialist countries and the principles of liberalism and (relatively) free market capitalism.
9 Pages(2250 words)Essay
Economic Development
The concept might also be recognized as the qualitative as well as quantitative alterations taking place within an economy. These processes widely comprise of various aspects concerning regional competitiveness, social advancement, literacy rate, infrastructural developments and numerous other initiatives.
3 Pages(750 words)Essay
Economic Development Essay
Whenever the system of productivity & consumption of resources is strong in any country, it provides a tool for the economic development. Many poor countries have started from nearly zero to a better, if not best, economical system & have shown a remarkable progress in economical development over a short period of time.
4 Pages(1000 words)Essay
Economic Development
As mentioned above, economic development focuses on improvements of certain indicators such as literacy levels. In short, economic development aims at having a sound local economy that attracts investment, creates employment
1 Pages(250 words)Essay
The Relationship between Entrepreneuship, Innocation and Economic Development
Even as the United States has managed to find a modicum of stability, Europe is experiencing a sovereign debt crisis, with countries such as Greece and Italy falling into severe economic hardship. Within these contexts of understanding, the nature of economic development has come to the forefront of social and political concerns.
6 Pages(1500 words)Essay
Economic Development
In some cases even farm lands were sold to big companies for expanding their presence in the country. All these were done by completely ignoring the rural areas of the country. Development of cities and high rise buildings were considered to be the picture of development.
14 Pages(3500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Economic Development Essay for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us