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New OMB Guidance: Briefing for RDOs (Webinar)

The U.S. Office of Management and Budget (OMB) has released its long-awaited revision of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR 200). This webinar, hosted by the NADO Research Foundation and led by Bob Lloyd, covers the highlights of the revised policies which must be implemented by October 1. It also shows how your organization can confidently use them as you work with partners at the federal, state, and local levels.

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Post-BRAC Renewal: Adaptive Reuse on the Southern Plains

Key lessons can be learned from how Economic Development Districts (EDDs) have convened, adapted, and reacted to BRAC closure actions in their communities and local military installations. This case study will feature South Plains Association of Governments (SPAG) in west Texas and their valuable work redeveloping Reese Air Force Base outside of Lubbock, TX.

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Montana Regions Working Together to Build Local Supply Chain Resilience

Economic Development Districts (EDDs) working together across regional boundaries can use federal and state investments to drive transformative economic impact across their regions. Rural regional organizations may have limited staff capacity on their own, but when partnered with other EDDs, these coalitions can have an outsized economic impact on their regions.

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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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Webinar: Building a Wealth Creation Learning Community

In this first webinar of a series, NADO Research Foundation’s Melissa Levy interviews Region Five Development Commission Executive Director Cheryal Hills about how she got started with WealthWorks, how she began to integrate it into her work, and how she uses it now. Following the guided discussion, participants engaged in a conversation of the greater wealth creation community and what would be most useful to that community moving forward. Aspen Community Strategies Group also shared online tools and resources for practitioners as part of the discussion.

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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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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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