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Training Course: Neighborhood Development Strategies

Date: March 22 - 23, 2018

Location: Washington, DC


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This course is held in conjunction with the 2018 Federal Economic Development Forum.


This practitioner-driven course uses the case study method to complement current neighborhood development theory. Participants will learn how to identify the major neighborhood actors, their objectives, and strategies for redevelopment, in addition to understanding the process for creating a strategic economic development plan to meet the neighborhood development goals. Specifically, this course will examine social capital (e.g., linkages, networks, talent, etc.), environmental capital (e.g., stewardship, residual management, etc.) and economic capital (e.g., investment and reinvestment) facing distressed neighborhoods and offer solutions to address local needs.

 

Course Highlights:

• Asset creation, wealth creation, and enterprise development & expansion
• Housing development, real estate speculation, and tax-base stabilization
• Public and private sector role in combating inner city unemployment
• Examining historical and current neighborhood trends
• Performing leakage assessments and gap analyses
• Aligning strategic plans for multiple neighborhood groups
• Understanding the underserved needs for banking and grocery
• Working with media to share success stories

 

Agenda

March 22

8:30 - 9:00 am

Registration

9:00 - 10:15 am

Introduction
Economic development's core activities generally include retaining, creating and attracting businesses and jobs. Neighborhood economic development programs strive to improve the economic well-being and quality of life within a city or region by providing jobs and strengthening the tax base. This session will provide an overview of the basic tools and strategies used to economically improve neighborhoods. Expectations and objectives will be set for the next two days and attendees will be given the opportunity to introduce themselves to the class.

10:15 - 10:30 am

Break

10:30 am - Noon

Players, Roles and Leadership
As in traditional economic development, it is important that public and private stakeholders work cooperatively to create a safe and healthy community. During this session, you will learn about the people, businesses and institutions in a typical neighborhood, the different roles each plays, and how you can engage in effective working relationships with various stakeholders.

Noon - 1:15 pm

Lunch on your own

1:15 - 3:15 pm

The Neighborhood Economy
Before embarking on an economic development plan for a community, it is important to establish a baseline understanding of the neighborhood economy. By understanding the market dimensions of a particular neighborhood, economic developers can define a community's competitive strengths and align resources around focused strategies, all with an eye toward supporting businesses and marketing community assets.

3:15 - 3:30 pm

Break

3:30 - 5:15 pm

Neighborhood Commercial Development
Neighborhood commercial development provides jobs for local residents as well as a tax base for the community. This session will focus on various mechanisms to achieve these goals. Since revitalization initiatives are multi-faceted, efforts must address improvements to the built environment as well as the social and economic conditions of the district and its surroundings. The session will highlight the importance of urban design, political and financial support, and the role of retail and non-retail establishments in strengthening the economic foundation of neighborhoods. An overview of business incentive programs that can be used to encourage investment will also be provided.

 

March 23

9:00 - 10:30 am

Workforce Development
This session focuses on one of the most important features of neighborhood development and revitalization: human capital. Workforce development and training programs, micro enterprise development, youth entrepreneurship, business development and safety are all components of economic development that support neighborhood development efforts. These programs will be discussed as well as how to facilitate and organize them within your neighborhood.

10:30 - 10:45 am

Break

10:45 am - Noon

Community Economic Development
Economic development means the building of assets for a community and those who live there. A number of community economic development strategies have emerged in recent years to help build personal assets for individuals as well as the tax base for a community. This session will look at how economic developers can use banking, farmers' markets, entrepreneurship among other targeted strategies to support and enhance their economic development activity. The session will consider how community economic development can support new neighborhood developments, and the tools to get it done.

Noon - 1:00 pm

Lunch on your own

1:00 - 1:45 pm

Disaster Preparedness and Recovery
Disaster recovery planning and preparedness is no longer strictly for communities that regularly experience earthquakes or hurricanes. Whether the potential disasters are natural or manmade, communities must plan for disaster recovery in order to mitigate the impact that such a disaster could have on local businesses and residents. Planning for post-disaster situations can be a complicated, challenging and controversial process. Yet, a community engaging in difficult conversations regarding redevelopment choices before a major disaster strikes can help the community avoid dissatisfaction in an already challenging situation afterwards. Economic development professionals are uniquely positioned in the community to facilitate economic recovery - both before and after a disaster. Through their established connections with local businesses, they can coordinate involvement and leverage resources from the business community and are likely to take a leadership role in facilitating job recovery. This session will provide guidance to economic development professionals on the economic recovery process to stabilize the community‘s economic base after a disaster.

1:45 - 4:15 pm

Interactive Neighborhood Development Case Study

4:15 - 4:30 pm

Wrap-up and certificates

 

* Agenda subject to change

**Please note: In order to receive full IEDC certification credit for this course and a certificate indicating course completion, participants must stay until the final session on the last day. Please make travel plans accordingly.

 

Instructors

Information is forthcoming.

 

Certification

  CEcD logo

This course meets the professional development requirements for the Certified Economic Developer (CEcD) exam. CEcDs earn recertification credits for participation.

 

Accommodations/Training Location

Information is forthcoming.

 

Registration

 

By Feb 9

Feb 10 - March 9

*After March 9

IEDC Member

$490

$630

$650

Non-member

$640

$780

$800

Full Time Student**

$105

$125

$145


*Walk-in registrations will be accepted. Full payment must be made on-site in order to attend the course.

** Copy of current transcript required.

 
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Should you have difficulty registering online, please download the course registration form (PDF).


Refunds less a $60 cancellation fee will be issued for all cancellations received in writing to fax: (202) 223-4745 or email: prodev@iedconline.org at least 10 business days prior to the course - please allow 3-4 weeks. All registrations regardless of payment status are subject to the $60 cancellation fee. No refunds or credit transfers to a future course will be issued for cancellations received within 10 business days of the course. Telephone cancellations are not accepted. Attendee substitutions for a course may be made at any time prior to the course.