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The Missouri Department of Economic Development (DED) is an agency of the government of Missouri. The department was made to support economic growth in Missouri and help local communities to grow and prosper. [1] It is overseen by a department director appointed by the Missouri Governor and confirmed by the Missouri Senate.
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs ...
Jobs were more expensive than direct cash payments (called "the dole"), but were psychologically more beneficial to the unemployed, who wanted any sort of job for self-esteem. From May 1933 until it closed in December 1935, FERA gave people and localities $3.1 billion (the equivalent of $70.8 billion in 2023). [1]
The U.S. government designed TIGER grants in order to incentivize bettering environmental problems and reducing the United States' dependence on energy. On the economic front, the United States hopes infrastructure investment will encourage job creation, a pressing political priority; this would likely require the project to be shovel-ready.
This is a list of Superfund sites in Missouri designated under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) environmental law. The CERCLA federal law of 1980 authorized the United States Environmental Protection Agency (EPA) to create a list of polluted locations requiring a long-term response to clean up hazardous material contaminations. [1]
The Mid-America Regional Council (MARC) is a nonprofit association of city and county governments and the Metropolitan Planning Organization (MPO) for the bistate Kansas City region. [1] Governed by a board of directors [ 2 ] made up of local elected officials, MARC serves nine counties and 119 cities.
Founded in 2011, Arch Grants started as an initiative to bolster the St. Louis economy by supporting startups with potential for high growth. As of January, 2024, Arch Grants has funded 252 companies that have generated $742.5 million in revenue, attracted $696.3 million in additional capital, and created over 3,500 net new jobs for St. Louis. [3]
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.