franklin county comprehensive economic development ... · 4/9/2020 · franklin county...
TRANSCRIPT
Franklin County Comprehensive Economic Development Strategy (CEDS) Committee
April 09, 2020
1
Agenda
1. Welcome & Introduction (roll call)
2. Vote on February 11, 2020 minutes
3. CEDS planning and the COVID-19 state of emergency
4. 2020 CEDS Plan
◦ CEDS Plan Project Proposals
◦ Goals and Objectives
5. Other business & adjourn
2
Impacts of COVID-19 Crisis - Headlines
3
Impacts of COVID-19 Crisis - Survey
4
Conducted a survey from 3/24-3/31 of Pioneer Valley businesses and organizations to learn more about economic impacts.
139 Franklin County -based respondents:
Across industries – arts/recreation, manufacturing, retail, construction, professional services, restaurants, agriculture, etc.
86% were private for-profit businesses
56% had less than 10 employees, 27% had 10-24 employees, and 12% had more than 25 employees before the state of emergency
59% had more than half of their employees as hourly workers
Full report: https://frcog.org/publication/view/business-development-resource-guide/
Impacts of COVID-19 Crisis - Survey
5
Positive impact, 6%No or mild negative
impact, 7%
Somewhat negative,
19%
Significantly negative,
39%
Severly negative,
29%
What financial impact do you anticipate the COVID-19 state of emergency is having on your business/organization? (select one)
At this rate, how long do you estimate your business/organization can operate with your current cash flow and/or reserves? (select one)
Less than 1 month,
19%
1-3 months,
38%
4-12 months,
12%
1+ year or indefinitely,
19%
Don't know, 11%
Impacts of COVID-19 Crisis - Survey
6
If your business/organization is being impacted, in what ways? (select all that apply)
0% 2% 4% 6% 8% 10% 12%
Training employees or adopting new skills (such as using…
Other
Investment in new safety protocols
Shift in the types of products or services offered
Disruption in distribution or delivery
Employees hours reduced
Employees working remotely
Disruption in supply chain/ Reduced availability of supplies
Business temporarily closed
Employees laid off
Hours of operation reduced
Contracts/ projects delayed or cancelled
Decline in customers/ clients
Events postponed or cancelled
Decline in sales
Impacts of COVID-19 Crisis - Survey
7
What resources or assistance, if any, will you use to manage impacts from COVID-19? (select all that apply)
0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%
Following Continuity of Operation Plan (COOP)
Business counseling/ technical assistance
Business insurance
Private investor contribution or crowd-funding
Participate in a program to mitigate layoffs
Support from industry networks/ peer businesses
Other
New business loan or refinance an existing loan
Accepting offer from supplier/lender to delay full payment
Unemployment insurance
Grant funding, if available
Impacts of COVID-19 Crisis - Survey
8
What other areas of support do you anticipate needing in the short-term? (open-end response) [In order of most to least frequent responses]
- Financial support, such as for payroll, invest in equipment or safety protocols
- Expanded unemployment benefits/Support for laid off workers
- Defer or relief mortgage or rent payment
- Business technical assistance/support/guidance
- Additional staff or volunteers
- IT and broadband support, such as internet access at home
- Defer tax payment or reduce tax burden
- Industry-specific comments
Impacts of COVID-19 Crisis - Survey
9
What other areas of support do you anticipate needing in the long-term? (open-end response) [In order of most to least frequent responses]
- Financial support, such as loans and debt management
- Business technical assistance – business model transition, marketing
- Scaling up operations/managing work load/additional workers, once crisis ends
- Restoring community confidence
- Defer or relief mortgage or rent payment
- IT and broadband support, such as better internet access
- Return of advertisers
- Accessing alternate suppliers
Impacts of COVID-19 Crisis – CARES Act
10
Coronavirus Aid, Relief, and Economic Security (CARES) Act signed on March 27, 2020. Supplemental funds to federal agencies to mitigate economic impacts of crisis, includes:
EDA: $1.5 billion to fund projects and to scale up EDA operations
USDA Rural Development: $ support business and industry loans; for broadband related programs
SBA: $562 million for Economic Injury Disaster Loans to businesses; $10 billion for direct grants to businesses that do not qualify for EIDL; $17 billion to assist with payments on SBA backed loans
DOL: $360 million to invest in worker training and supportive services
HUD CDBG: $5 billion for state and local government to rapidly respond to economic and housing impacts.
For details: https://www.congress.gov/bill/116th-congress/house-bill/748/text
Impacts of COVID-19 Crisis – CARES Act
11
Expect to see Notice of Funding Opportunity (NOFO) for EDA grant program in the next 2-3 weeks.
FRCOG preliminary “ask” to EDA:
o Capitalize programs to provide direct investment in private for-profit businesses and non-profit organizations using loan-grant combinations, such as discounted loans or forgivable loans.
o Fund programs to provide business technical assistance, counseling and coaching to private businesses/organizations. Allow these entities to scale up staffing and to procure consultant and service providers to provide targeted assistance to businesses/organizations in need.
o Fund CEDS projects that address barriers to accessing employment and long-term infrastructure needs.
o Adjust match requirements and increase EDD planning staff award.
Impacts of COVID-19 Crisis – CEDS Plan
12
Economic Development Planning During COVID-19 Pandemic
The development of the 2020 CEDS Plan was launched in 2019. In March 2020, a state of emergency was declared due to the global COVID-19 pandemic. The impacts of this situation on communities, the workforce, businesses and overall economy are severe. The best strategies for how local businesses and organizations and the economy at large can mitigate and recover continue to emerge and evolve.
The Plan reflects the best information and strategies available at the time of its creation. It should be noted that the demographic and economic information in Chapter 2 is from data available as of early 2020. For example, unemployment data is from 2019. A sharp rise in unemployment claims is underway in Spring 2020. Comparable data may not be available to reflect this experience.
2020 CEDS Plan - Project Submittals
13
Invitation to submit CEDS Project proposals sent on January 6th to our 26 member municipalities and 37 non-profit & government entities.
Over 30 proposals received from across the region.
Categories of projects:
o Infrastructure (i.e. road, water or wastewater, utilities, etc.)
o Development or Redevelopment of a structure
o Cluster Development (i.e. resources to conduct a study to support a particular study)
o Programmatic Support (i.e. resources for staffing or program development)
o Revolving Loan Fund
2020 CEDS Plan - Project Submittals
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Phases of projects:
o Pre-planning Phase – support needed for initial planning and proposal development
o Planning Phase – support needed for planning or feasibility study, market analysis, business plan, conceptual designs, etc.
o Pre-development - support needed for design, engineering, permitting, etc.
o Development Phase – support needed to fund construction or implementation
o Other (please specify)
2020 CEDS Plan - Project Submittals
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Location: Project: Lead: Category: Phase:
Buckland 50 Conway Street Brownfields Remediation and Rehabilitation
Town of Buckland Dev/Redev Pre-development
Colrain Colrain Town/Village Center Sanitary Sewer System
Town of Colrain Infra-structure
Pre-development
Conway Downtown Community Wastewater Disposal System
Town of Conway Wastewater Com.
Infra-structure
Development
Erving Erving IP Mill Remediation, Selective Demolition, and Infrastructure Development
Town of Erving Infra-structure
Development
Greenfield 180 Laurel Street Redevelopment
City of Greenfield Infra-structure
Development
Greenfield I-91 Industrial Park Expansion Greenfield Redev. Authority
Infra-structure
Pre-development
Greenfield First National Bank Redevelopment
Greenfield Redev. Authority
Dev/Redev Development
Greenfield Greenfield Armory Redevelopment
City of Greenfield Dev/Redev Pre-planning
Greenfield Development of Greenfield Downtown Housing
City of Greenfield Dev/Redev Planning
2020 CEDS Plan - Project Submittals
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Location: Project: Lead: Category: Phase:
Greenfield Cradle to Career Center, with a Financial Opportunity Center, Head Start Center/GCC practicum site, & full-service Career Center.
GCC, with CAPV and MassHire FH
Dev/Redev Planning
Greenfield Create GCC Institute for Worker Cooperatives, including a certificate program & start-up grant fund.
GCC Program-matic
Planning
Greenfield Create a collaborative Human/Social Service Center
Community Action Pioneer Valley
Dev/Redev Pre-planning
Greenfield GCC Downtown Center Innovation and Entrepreneurship Hub
GCC and GCC Foundation
Dev/Redev Development
Montague Canal District Master Plan and Redevelopment Investments
Town of Montague Infra-structure
Planning
Montague Sandy Lane Industrial Area Infrastructure
Town of Montague Infra-structure
Development
Montague Support for Farren Care Center and Facility Investment
Town of Montague Dev/Redev Other
New Salem Restoration of structure to be the New Salem Town Hall & Auditorium
New Salem Hist. Commission
Dev/Redev Planning
New Salem Building rehabilitation for a New Salem Police Station
New Salem Hist. Commission & BOS
Dev/Redev Planning
2020 CEDS Plan - Project Submittals
17
Location: Project: Lead: Category: Phase:
Orange Putnam Village, Commercial Cottage Project
Town of Orange Dev/Redev Pre-development
Orange Butterfield School Adaptive Reuse Town of Orange Dev/Redev Planning
Orange South Main Street Infrastructure Improvement
Town of Orange Infra-structure
Pre-development
Orange Start-up support for LaunchSpace'sNorth Quabbin Program at the Orange Innovation Center
LaunchSpace Inc. Program-matic
Development
Region Northern Tier 2.0: Expand business technical assistance using innovative collaborations
Franklin County CDC
Program-matic
Development
Region Capitalize Small Business Revolving Loan Fund for western Mass to support COVID-19 crisis recovery
Franklin County CDC
RLF Development
2020 CEDS Plan - Project Submittals
18
Location: Project: Lead: Category: Phase:
Region Creation and operation of a Mohawk Trail Woodlands Partnership (MTWP) Forest Center
MTWP Governing Board
Dev/Redev Planning
Region Capitalize a Natural Resource Based and Forest Dependent Business Revolving Loan Fund for 21-town MTWP region
MTWP Governing Board
RLF Planning
Region Creative Economy Development Project through education, marketing and a coordinated retailer-producer network.
GCC Cluster Dev Planning
Region CiderDays Economic Impact Study Franklin County Chamber of Commerce
Cluster Dev Development
Region Deerfield River Outdoor Recreation Asset and Economic Development Plan
Deerfield River Watershed Association
Cluster Dev Pre-planning
Region Water/Sewer Strategic Plan for Rural Franklin County Communities
FRCOG Infras-tructure
Planning
2020 CEDS Plan - Project Submittals
19
All projects will be included in the appendix.
As resources or opportunities are available, information will be shared with project leads.
Selected projects will be included in the Goals chapter. These are projects that:
Seek to achieve the Plan’s Vision and Goals
Have engaged champions to pursue the project
Have identified next steps
2020 CEDS Plan – Goals and Objectives
20
Goals are to be based on the Plan’s vision, summary background, and SWOT.
Objectives are to be realistic and have anticipated outcomes.
Action Plan describes the activity, the lead implementer, any estimated costs, and timeframe for implementation.
2020 CEDS Plan – Goals and Objectives
21
Draft Goals and Objectives:
1. Implement CEDS planning framework effectively and efficiently.
a) Engage collaborative economic development networks, such as coordinating meetings of the CEDS Committee and FREDI; participating in cross-region and statewide efforts.
b) Provide technical assistance and/or connect resources to assist local and regional partners with moving projects forward
c) Complete reporting requirements of EDA contract
2020 CEDS Plan – Goals and Objectives
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2. Create conditions for entrepreneurs, business owners and their employees to be resilient and succeed.
Ensure access to business technical assistance and capital
Encourage connections to supportive networks, such as Chamber/business groups or collaborative workspaces.
3. Cultivate important or emerging clusters that will enhance the quality of life and of work opportunities for current and new residents.
Agriculture and forestry
Outdoor recreation and cultural tourism
Creative economy
Manufacturing
2020 CEDS Plan – Goals and Objectives
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4. Target investment in infrastructure to encourage the creation of sustainable, resilient and vibrant communities.
Address downtown and village center needs, such as water/wastewater systems, Complete Streets, culvert assessments
Brownfields redevelopment
Planned industrial park land
Broadband
5. Address barriers to entering the workforce and/or to wealth creation.
Access to training or education, and career services
Access to supportive services, such as transportation and childcare
Access to housing
2020 CEDS Plan – Goals and Objectives
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[Goal to be included in separate Resilience Chapter]
6. Take measures to ensure regional resilience to recover quickly from, withstand and avoid economic shocks.
Debrief the experience of the COVID-19 to identify ways to improve, such as related to
₋ communication and support to the business community
₋ support to workforce and business development organizations
₋ coordinating federal resources
Align current hazard mitigation and emergency preparedness efforts with economic development goals
Inventory and prioritize infrastructure investments
Other Business/Adjourn
25
Schedule:
Copy of preliminary draft Plan on Thursday, April 30, 2020
CEDS Committee meeting on Monday, May 4, 2020 at 1 pm (virtual)
Open 30-day public comment period on draft Plan on May 7, 2020
Close 30-day public comment period on June 7, 2020
CEDS Committee meeting on Wednesday, June 8, 2020 at 3 pm
EDD Board meeting on June 11, 2020
Franklin Reg. Planning Board meeting on June 25, 2020
Submit CEDS Plan to US EDA by June 30, 2020