Resources and Incentives
The U.S. EDA, under the U.S. Department of Commerce, provides a range of funding opportunities for both economic development planning and capital construction projects that either create or retain jobs. EDA has a range of programs offering grant opportunities including: Public Works and Economic Development, Economic Adjustment Assistance, Technical Assistance, Research and Evaluation, Trade Adjustment Assistance for Firms, Community Trade Adjustment Assistance, and Global Climate Change Mitigation Incentive Fund. The RPC is the local designated economic development district for the Greater New Orleans region and provides technical assistance to governmental entities and non-profits wishing to apply for EDA funds.
The Delta Regional Authority is a federal-state partnership that is congressionally mandated to help create jobs, build communities, and improve lives for the people of the eightstate Delta region.
"Brownfields" are abandoned, idled or underused industrial or commercial properties with either real or perceived environmental contamination. Through grants from the U.S. Environmental Protection Agency (EPA), RPC provides funding assistance and technical guidance to assist those interested in redeveloping brownfield sites within the Greater New Orleans region.
Louisiana Economic Development offers a variety of incentives to businesses for locating in the State of Louisiana and looking to expand its operations and employment base. Federal and State incentives can be found utilizing LED’s Incentive Finder.
The National Trusts for Main Streets Center offers a comprehensive model with a four point strategy for the revitalization of commercial districts. The four point strategy encompasses volunteer organization, promotion, attention to design, and economic restructuring to utilize existing economic assets while diversifying the economic base. This model which has traditionally been utilized in rural settings and small towns has been adapted to meet the needs of urban New Orleans. The Louisiana State Department of Culture, Recreation and Tourism provided operational seed capital and technical assistance to several commercial corridors within the City of New Orleans to catalyze redevelopment, in addition to a competitive Redevelopment Incentive Grant Program.
Urban Main Streets include:
The U.S. Department of Housing and Urban Development offers tax incentives through its empowerment zone and renewal community programs to stimulate economic opportunities for residents within communities that need revitalization. Additional information about the New Orleans/Jefferson Renewal Community Initiative, including eligibility requirements, a map showing designated areas for investment, and application materials can be found on the City of New Orleans website.
Local Economic Development Organizations & Research Centers