Economic Development Partner Sites

Information by State  Print version

Partner Sites

These web links will provide information on related Federal Economic Development programs. These resources may be used in conjunction with OED's programs for public/private investments to create jobs, enhance business opportunities for growth and expansion, and to provide assistance for projects that redevelop and revitalize distressed communities.

U.S. Department of Commerce (Commerce)

Economic Development Administration The Economic Development Administration (EDA) provides grants to economically-distressed communities to generate new employment, help retain existing jobs, and stimulate industrial and commercial growth. EDA works with distressed communities so they may empower themselves to develop and implement economic development and revitalization strategies, EDA seeks to ensure sustainable development.

Minority Business Development Agency The Minority Business Development Agency (MBDA) promotes growth and competitiveness of the nation's minority-owned businesses. MBDA seeks to improve minority business enterprise access to domestic and international marketplaces and improved opportunities in financing for business start-up and expansion.

Environmental Protection Agency (EPA)

Brownfields Initiative EPA's Brownfields Initiative will empower States, communities, and other stakeholders in economic development to work together in a timely manner to prevent, assess, safely clean up, and sustainably reuse brownfields.

Export-Import Bank of the United States

The Export-Import Bank of the United States (Ex-Im Bank) is an independent U.S. Government agency that helps finance the overseas sales of U.S. goods and services. Ex-Im Bank's mission is to create jobs through exports.

• Ex-IM Bank Programs - Mission
• New and Small Business Center
• Products
• EX-IM Bank Offices & Contacts
• Medium and Long Term Programs - Direct Loan Program
• Medium and Long Term Programs - Guarantee Program
• Export Credit Insurance
• Project and Structured Finance at EX-IM Bank

Small Business Administration (SBA)

The U.S. Small Business Administration (SBA) was created by Congress in 1953 to assist America's entrepreneurs form successful small enterprises. Today, SBA's program offices in every state offer financing, training and advocacy for small firms. These programs are delivered by SBA offices in every state, the District of Columbia, the Virgin Islands and Puerto Rico. In aliition, the SBA works with thousands of lending, educational and training institutions nationwide.

A Listing of Related SBA's Economic Development Programs and Services:

• Offices and Services
• Business Development
• Government Contracting Minority Enterprise Development
• Government Contracting
• HUBZone Empowerment Contract Program
• Office of Entrepreneurial Development
• One Stop Capital Shops
• SBIC Venture Capital
• Small Disadvantaged Business
• Welfare to Work
• SBA-Net
• BusinessLINC

United States Department of Transportation (DOT)

The U.S. Department of Transportation in concert with the Federal Highway Administration has developed a web site specifically designed around the Transportation Infrastructure Finance and Innovation Act. The site has a "Quick Score" model (under "Credit Risk Assessment" tab) that was developed to give potential borrowers more insight into the federal credit subsidy calculation.

United States Treasury (Treasury)

U.S. Treasury Offices

Community Development Financial Institutions Fund
Community Development Financial Institutions (CDFIs) are specialized financial institutions that work in market niches that have not been adequately served by traditional financial institutions. CDFIs include community development banks, credit unions, loan funds, venture capital funds, and microenterprise loan funds. The CDFI Program represents a new type of community development initiative. The Fund invests in CDFIs using flexible tools such as equity investments, loans, grants, and deposits, depending upon market and institutional needs.

• Microenterprise Program
• The Coalition of Community Development Financial Institutions
• Core Intermediary Component
• Technical Assistance Component
• Certified CDFIs(by state, type, and organization)

United States Department of Agriculture (U.S.D.A.)

Rural Development
The Office of Community Development (OCD) is a part of the U.S. Department of Agriculture's Rural Development mission area. OCD provides leadership in the delivery of community development support through Rural Development's field offices to rural communities across the United States. OCD provides this service by:

	Implementing special initiatives that demonstrate effective methods of building vital rural communities
	Disseminating information about effective rural community and economic development strategies and methods
	Promoting networking among rural communities and rural development practitioners

• Rural Development
• Office of Community Development (OCD)
• Empowerment Zones/Empowerment Communities
• Rural Economic Development Partnership

Rural Development and Finance Corporation (RDFC)

The Rural Development and Finance Corporation (RDFC) was founded in 1977, in Washington D.C., as a private non-profit financial intermediary which works to create and/or retain jobs in distressed rural areas in the U.S. They provide financial and technical assistance to support rural entrepreneurs and community-based organizations in their efforts to stabilize, strengthen and further develop their local economies. RDFC is a community development financial institution and serves lenders, tribal loans funds, entrepreneurs, and local public agencies to identify business and community investment needs, assess assessment risk, and manage lending transactions. In 1994, RDFC relocated to San Antonio, Texas.