What can towns and cities in Connecticut do now to achieve the best results with Opportunity Zones? As the program evolves, now is the time for the 27 Connecticut communities to prepare for and welcome the private sector investment in the 72 identified Opportunity Zone properties across the state.
Join Courtney Hendricson, CERC's VP of Municipal Services, as she walks you through the ways in which towns and cities can get ready for the investment.
Hello from the COST Conference! Had a great time networking with the small towns and cities across the state - talked about what their needs are for 2019 and how CERC can support their economic development efforts.
Contact us - we'd love to discuss your goals and how CERC can help you achieve them.
During this episode of CERCONOMY, Alissa DeJonge, VP of Research, and Courtney Hendricson, VP of Municipal Services, sit down to recap their recent workshop, “Analyzing Your Local Economy,” hosted by the Connecticut Conference of Municipalities.
Courtney and Alissa share insights into the influences that impact the local economy, and run through the who, what, why, when, where and how of the need for and execution of an analysis, as well as the potential outcomes and benefits, and provide a deeper dive into some of the workshop audience questions and feedback.
Mike Andreana, of Pullman & Comley, joins Courtney Hendricson, VP of Municipal Services, to continue the conversation on the new Opportunity Zones program and what it means for Connecticut. 2019 is a big year for the program, as work and projects need to be geared up and ready to go by the end of the year to take full advantage of the tax breaks.
As one of the foremost experts on the topic, Mike shares a bit of background and insights into the purpose of the federal program, and talks nuts and bolts of how the program works with three main tax breaks as benefits to making investments into designated distressed Opportunity Zone areas - 72 in Connecticut and over 8,000 across the US.
In Connecticut, the majority of municipalities receive 90% of their revenue from property taxes, directly affecting residents’ pocketbooks. In this latest episode of CERCONOMY, Rachel Gretencord, CERC’s Research and Fiscal Analyst, joins Alissa DeJonge, Vice President of Research to discuss how the fiscal health of Connecticut’s municipalities directly affect the quality of life for its residents, and to share information on a new product that CERC has developed to help towns determine their fiscal health, and analyze it over time, leading to better short and long-term spending decisions.
With 2019 fast-approaching, the Municipal Services team at CERC is hard at work planning our strategy for best serving our client base over the coming year. We are evaluating everything we have learned in 2018 about the issues most important to our clients and working to strengthen the products that best serve them. Your town should be doing this, too.
Courtney Hendricson, CERC's VP of Municipal Services, presented, along with President & CEO Bob Santy, at the Connecticut Conference of Municipalities Convention at Foxwoods on October 30th. The presentation highlighted the unique, transformational approach to municipal economic development that CERC presents to towns across Connecticut.
In this episode of CERCONOMY, Courtney Hendricson recaps the recent SNEAPA Conference (www.sneapa.org/) that was held in Hartford, October 18 and 19th. A great event planned by the Connecticut, Rhode Island, and Massachusetts chapters of the American Planning Association, share inspired attendees with new ideas shared by the keynote addresses given by singer and songwriter Dar Williams - who shared her observations of what makes a great community - as well as the assertive planning changes being made in Hartford by Mayor Luke Bronin and Sara Bronin, the chair of the Hartford Planning and Zoning Commission.
In this episode of CERCONOMY, Dale Kroop, the Director of Hamden, Connecticut's Economic Development and Neighborhood Revitalization joins CERC's Courtney Hendricson to discuss what a development corporation is, and how they can benefit the economic development efforts of municipalities.
In this episode of CERCONOMY, VP of Municipal Services, Courtney Hendricson, and President & CEO Bob Santy, discuss the topic of housing as a critical component of local economic development - a follow-up to their presentation at the Connecticut Housing Coalition Conference.
With populations changing, municipalities need to consider the importance of housing to local economic development. Housing makes up approximately 70% of a town's assets, and town services are supported by property taxes, so it is critical that municipalities take a more inclusive approach and make investments where the demands are.