Monday Mailing - 10/29/18

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Monday Mailing

Year 25 • Issue 07 29 October 2018 1. 2. 3. 4. 5. 6. 7. 8. 9.

The Truth about the Urban-Rural Divide How Alabama Plans to Take Advantage of Opportunity Zones Crosstown Concourse Two Local Businesses Get Renewable Energy Grants Can Milwaukee Really Create 10,000 Affordable Homes? Report: Homelessness and Housing in Portland Downtown Phoenix: ‘Extraordinary’ Rebirth Brings Hope, Challenges Tossing Salmon for Science WEBINAR – Going Big in Small Places: Millennials Make Their Mark in America’s Towns – 11/14 @ 1pm (Tracy Gagnon) 10. GRANT – Specialty Crop Block Grant Program (SCBGP) 1. The Truth about the Urban-Rural Divide Wages and salaries are highest in urban areas. In 2016, counties in large and medium-sized metropolitan areas had median wages and salaries above $40,000. This compared to roughly $37,000 for the nation as a whole. Several large urban counties, like New York, Santa Clara, and San Mateo, had median wages and salaries of more than $100,000. All types of urban counties had wages and salaries that were higher than the national median, while only one type of rural county did—large rural counties adjacent to a metro area. For more information, click here.

Quote of the Week: Life is like a sewer: what you get out of it depends on what you put into it. ~Tom Lehrer

Oregon Fast Fact #40: Florence is known as Oregon’s rhododendron capital.

2. How Alabama Plans to Take Advantage of Opportunity Zones Alex Flachsbart credits his founding of Opportunity Alabama, a firstof-its-kind nonprofit dedicated to maximize the impact of the state’s Opportunity Zones, to “being a nerd.” Last November, he used Ctrl-F to search the Tax Cuts and Jobs Act of 2017 for the term “low income.” In his search, he says, “I stumbled upon the Opportunity Zone program.” “Opportunity Zones,” passed as part of the $1.5 trillion tax overhaul, were devised to attract capital to urban, suburban and rural areas where investment lagged after the Great Recession. It allows investors to avoid some taxes when they fund projects in designated zones. To access the full story, click here. 3. Crosstown Concourse For two decades, the 1.3-million-square-foot former Sears distribution center sat empty in the midst of disinvested Memphis neighborhoods—a symbol of urban blight. The building was too big to redevelop and too expensive to demolish, many thought. Now Crosstown Concourse represents the best kind of communitydriven revitalization—a “vertical village” that is fully occupied with 265 residential units, twenty percent of which are affordable. It includes a public charter school, a YMCA, health care facilities, restaurants, shops, and a 425-seat theater—a venue for local and touring musical acts, art films, community theater, and assembly space for tenants. Page 1 of 3


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