Economic development (51 - 60 of 589 items)
Federal Power: The Evolution of Preference in Marketing Federal Power
RCED-00-127: Published: Apr 21, 2000. Publicly Released: Jun 1, 2004.
Pursuant to a congressional request, GAO reviewed the role of the Department of Energy's power marketing administrations (PMA), focusing on: (1) how federal legislation and major relevant court cases have, over time, directed the PMAs to give preference to particular customers in purchasing electricity; and (2) the role of preference in the PMAs' electricity sales in light of the restructuring of...
Community Development: Federal Revitalization Programs Are Being Implemented, but Data on the Use of Tax Benefits Are Limited
GAO-04-306: Published: Mar 5, 2004. Publicly Released: Mar 5, 2004.
Congress established the Empowerment Zone and Enterprise Community (EZ/EC) program in 1993 and the Renewal Community (RC) program in 2000 to provide assistance to the nation's distressed communities. To date, Congress has authorized three rounds of EZs, two rounds of ECs, and one round of RCs. The Community Renewal Tax Relief Act of 2000 mandated that GAO audit and report in 2004, 2007, and 2010 o...
September 11: Overview of Federal Disaster Assistance to the New York City Area
GAO-04-72: Published: Oct 31, 2003. Publicly Released: Oct 31, 2003.
The federal government has been a key participant in the efforts to provide aid to the New York City area to help it respond to and recover from the September 11 terrorist attacks. The President pledged, and the Congress subsequently authorized, about $20 billion in federal aid. This federal aid was provided primarily through four sources: the Federal Emergency Management Agency (FEMA), the Depart...
Community and Economic Development Loans: Securitization Faces Significant Barriers
GAO-04-21: Published: Oct 17, 2003. Publicly Released: Oct 17, 2003.
Community economic development (CED) lenders serve the credit needs of nonconventional borrowers and economically distressed areas across the nation. However, little is known about this industry, its ability to tap private sources of capital, and loan performance and volume in the industry. To provide information that would be helpful in considering the role that the federal government might play...
New Markets Tax Credit: Status of Implementation and Issues Related to GAO's Mandated Reports
GAO-03-223R: Published: Dec 6, 2002. Publicly Released: Dec 6, 2002.
This report describes the status of our work toward developing a methodology for evaluating the New Markets Tax Credit (NMTC) Program. Our objectives are to provide information about (1) the NMTC Program, including its goals, its design, and progress in implementing the program, and (2)our mandated review of the program, including the potential scope of the review and how the program may be evalua...
Community Investment: Information on Selected Facilities That Received Environmental Permits
GAO-02-479: Published: May 31, 2002. Publicly Released: Jul 12, 2002.
Industrial facilities that operate under permits regulating some emissions and discharges have been the subject of complaints from community groups and environmental activists who charge that the facilities expose the surrounding communities to greater environmental risk than the general population. In response, the facilities point out that they contribute to the economic growth of the surroundin...
Economic Development: Federal Assistance Programs for American Indians and Alaska Natives
GAO-02-193: Published: Dec 21, 2001. Publicly Released: Dec 21, 2001.
Despite the recent success of casino gaming and other business ventures undertaken by some Native Americans and Alaska Natives, unemployment and poverty remain widespread in these communities. Many federal programs are available to help Native Americans with economic development, and some tribes are using these programs. Although agencies reported that their programs helped to create and retain jo...
Convenience Gambling: Information on Economic and Social Effects in Selected Locations
GAO-01-108: Published: Oct 18, 2000. Publicly Released: Oct 30, 2000.
This report summarizes GAO's findings on the economic and social effects of "convenience gambling." The National Gambling Impact Study Commission defines convenience gambling as the placement of slot machines or video poker terminals in restaurants, bars, drugstores, and other businesses to attract local residents rather than tourists. Although data from the communities GAO studied indicated that...
Economic Development: Multiple Federal Programs Fund Similar Economic Development Activities
RCED/GGD-00-220: Published: Sep 29, 2000. Publicly Released: Oct 30, 2000.
Pursuant to a congressional request, GAO identified federal programs that supported economic development, focusing on: (1) the programs that more directly fund economic development activities, including the level of financial support that they provide; and (2) comparing selected aspects of these programs, such as program applicants, to identify areas of potential overlap.GAO noted that: (1) 10 age...
Transit Grants: Need for Improved Predictability, Data, and Monitoring in Application Processing
RCED-00-260: Published: Aug 30, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a congressional request, GAO reviewed the Federal Transit Administration's (FTA) administration of transit grants, focusing on: (1) the timeliness and consistency of FTA's processing of grant applications; (2) the number of applications for labor protection certifications for which the Department of Labor's (DOL) processing time extended beyond 60 days and the factors contributing to a...