A change in a Texas law precludes the ability of development boards to fund retail projects.
A recent change in a Texas law favors industrial and commercial projects over retail projects for economic development, by restricting the ability of development boards to fund retail projects. Whether the law is an attempt to "erode the powers of economic development" or to shift the focus of economic development corporations to create "primary jobs" through commercial and industrial uses, the change in law has both positive and negative implications on how community and economic development funds are spent.
Thanks to Connie Chung
FULL STORY: Law may hurt some city plans
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City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
City of Laramie, Wyoming
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