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Property Tax Exemptions for Community & Economic Development

April 10, 2024

North Carolina property tax law, nicknamed the Machinery Act, contains many dozens of full or partial exemptions for property as diverse as free drug samples, uranium 233, and Loyal Order of the Moose clubhouses. This blog post attempts to identify which of these property tax breaks that might be re … Read more

The Primacy of Social Capital for Community Resilience

June 2, 2023

Hurricanes. Floods. Wildfires. Tornados. Earthquakes. Droughts. Blizzards. Ice storms. Infectious disease outbreaks. Pandemics. Industrial accidents. Chemical spills. Structural collapse. Transportation accidents. Grid failure. Water contamination. Large-scale layoffs. Factory closures. Recession. H … Read more

CED through Local and Regional Food Systems: The Latest Resources

January 17, 2023

In the past year, activity around local food systems increased dramatically. Government has been involved in supporting food systems for decades, but primarily through programs adopted at the federal level to both promote food production and protect the health of consumers. But having government wor … Read more

How Are Economic Developers Partnering to Solve Workforce Challenges?

January 4, 2023

To attract, retain and expand businesses in today’s tight labor market, economic development organizations (EDOs) are becoming more involved than ever in partnerships to help meet employers’ talent pipeline and training needs. What do those partnerships look like? Effective Economic Development Role … Read more

Remote workers: When do they count for local economic development incentives?

December 15, 2022

“Remote work is here to stay,” says a 2022 Forbes article. Research by McKinsey & Company released in June 2022 reveals that 58 percent of Americans reported having the opportunity to work from home “at least one day a week,” and 35 percent had the option to work from home “five days a week.” Ac … Read more

Local Government Support for Privately Owned Affordable Housing

May 16, 2022

By most accounts, the need for affordable housing across North Carolina is massive. According to 2019 census data, over a million North Carolina households are “cost burdened,” meaning they spend more than 30% of their income on housing. Almost half of those are “severely cost burdened,” meaning the … Read more