504B - Community Improvement Plans: From Fundamentals to Strategies for Success

October 13, 2021

1:30PM - 2:00PM

This session explores both the fundamentals of community improvement plans (CIPs) and the ways in which they can support and advance ongoing community revitalization and economic development initiatives. CIPs offer an opportunity for municipalities to develop an incentive-based framework to encourage private sector investment to build resilient, sustainable, and viable communities and local economies. Now, more than ever, municipal governments are seeking opportunities to position economic development strategies in ways that will meaningfully support local economies, develop tailored approaches to address the negative impacts of the COVID-19 pandemic, and establish financial incentive programs that meaningfully contribute to local economic recovery efforts.
 
This session identifies the necessary building blocks to prepare a thoughtful, tailored, and informed CIP framework, including how they can be prepared to enhance local placemaking and serve as a long-term strategy to ensure the resiliency and sustainability of a community and its local economy. The session includes a review of best practices, from fundamental considerations to various financial incentive-based programs, as well as important administrative and implementation considerations that are needed for long-term success.
 

Speakers