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Webinar: Focusing on Assets Through Wealth Creation

This second webinar in the wealth creation series showcases how EDDs can use the eight capitals as a framework for identifying and building on assets in economic development. Kade Jones talks about how Acadiana Planning Commission in Louisiana is using wealth creation in its community prospectuses (through its Opportunity Zone initiative) and its CEDS, through its SWOT analysis, its strategies and its metrics. Eric Smith, of Great Lakes Urban and USDA Extension, speaks through storytelling about how wealth creation has figured into his work in Appalachian Ohio, Uganda and Michigan. This session also provided space for participants to network and discuss ways that they might consider assets in their work.

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Tip Sheet: Research, Partnerships, and Technical Assistance Between EDDs and HEIs

Higher Education Institutions (HEIs) offer unique resources that help increase the capacity of EDDs to carry out their work, including specialized research, training programs, technology transfer, and commercialization capabilities. Read this piece, written by EDD CoP project partner UEDA, for tips on initiating, improving, and sustaining partnerships between EDDs and HEIs.

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How to Build a Regional Housing Land Bank Guide

Regional development organizations and Economic Development Districts have used regional housing land banks as a tool for targeted neighborhood revitalization and redevelopment. This NADO Research Foundation resource provides an overview of regional housing land banks and considerations for how organizations can implement these programs into their regions.

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State and Local Economic Development Strategies (SLEDS) Database

The Center for Regional Economic Competitiveness (CREC), in partnership with the National Association of Development Organizations Research Foundation (NADO) and others, received funding from the U.S. Economic Development Administration (EDA) to analyze the current alignment of state and EDD strategies, raise awareness of the benefits of strategic alignment, develop a best practices guide, and provide technical assistance to states and EDDs to enhance alignment.

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Wealth Creation

Wealth creation is an approach to economic development that connects a region’s assets to market demand in ways that build rooted wealth for local people, places and firms. It brings together a range of public, private and non-profit sector partners who have self- interest in the outcomes and an openness to discovering shared or common interests.

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