The Administration's FY '95 Budget Requests for the Economic Development Administration and the Appalachian Regional Commission: Hearing Before the Subcommittee on Economic Growth and Credit Formation of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, February 10, 1994U.S. Government Printing Office, 1994 - 32 pages |
Other editions - View all
Common terms and phrases
$50 million 1995 budget request 25 percent Acting Assistant Secretary agency allocation Appalachian Regional Commission application begin to look BILL MCCOLLUM BILL ORTON BUDGET AUTHORITY budget proposal Chairman KANJORSKI committee Congress creative CREDIT FORMATION Credit Reform Act defense conversion DEPARTMENT OF COMMERCE DEVELOPMENT GUARANTEED LOAN Development Program distressed communities Economic Development Administration ECONOMIC GROWTH ECONOMICALLY DISTRESSED AREAS EDA PROGRAMS EDA provides EDA's eliminated empowerment zones ERIC FINGERHUT Farmers Home Administration Federal Fingerhut firms fiscal year 1995 FY 1995 BUDGET goal going GRANTS GROWTH AND CREDIT GUARANTEED LOAN PROGRAM Hawkins highways industrial infrastructure JIM NUSSLE job creation justment leverage long-term MARGE ROUKEMA Maryland mission MORAVITZ Nation nomic development nonhighway Pennsylvania PETER KING President Clinton President's budget private sector projects PWEDA question reauthorization request retool revitalization revolving loan funds role RON KLINK SUBCOMMITTEE ON ECONOMIC TECHNICAL ASSISTANCE testimony Thank tion Trade Adjustment Assistance Wilbur
Popular passages
Page 25 - Technical assistance grants provide for local feasibility and industry studies, management and operational assistance, natural resource development, and export promotion. In addition, EDA funds a network of university centers that provides technical assistance. Research, evaluation, and demonstration funds are used to support studies about the causes of economic distress and to seek solutions to counteract and prevent such problems. Economic...
Page 25 - AND OTHER FINANCIAL ASSISTANCE THAT WILL HELP REDUCE SUBSTANTIAL AND PERSISTENT UNEMPLOYMENT IN ECONOMICALLY DISTRESSED AREAS.
Page 4 - EDA provides grants for public works and development facilities, planning and coordination, and other financial assistance that will help reduce substantial and persistent unemployment in economically distressed areas.
Page 6 - ... the North American Free Trade Agreement and the General Agreement on Tariffs and Trade, and the application of more sustainable practices of the conservation compliance program.
Page 25 - ... distressed areas. Public works and development facilities grants support infrastructure projects that foster the establishment or expansion of industrial and commercial businesses, supporting the retention and creation of jobs. Planning grants support the design and implementation of effective economic development policies and programs, by local development organizations, in States and communities.
Page 25 - Technical assistance rovide for local feasibility and industry studies, management and operational assistance, natural resource development, and export promotion. In addition, EDA funds a network of university centers that provides technical assistance. Research, evaluation, and demonstration funds are used to support studies about the causes of economic distress and to seek solutions to counteract and prevent such problems. Economic adjustment grants help communities adjust to a gradual erosion...
Page 26 - RESEARCH, EVALUATION AND DEMONSTRATION FUNDS ARE USED TO SUPPORT STUDIES OF NATIONAL AND REGIONAL ECONOMIC AND INDUSTRIAL TRENDS THAT WILL INCREASE KNOWLEDGE ABOUT THE CAUSES OF ECONOMIC DISTRESS AND APPROACHES TO ALLEVIATING SUCH PROBLEMS.
Page 6 - ... THE AGENCY HAS BEEN THE TARGET OF ELIMINATION. AS A RESULT, THE PUBLIC WORKS AND ECONOMIC DEVELOPMENT ACT (PWEDA) OF 1965 HAS NOT BEEN AMENDED SIGNIFICANTLY SINCE 1981. IN ADDITION, THE GRANT APPLICATION SYSTEM HAS BECOME A CUMBERSOME, TIME-CONSUMING PROCESS FOR OUR CUSTOMERS. THE LEGISLATIVE PACKAGE TRANSMITTED TO CONGRESS ON FEBRUARY 2, 1994 INCLUDES A NUMBER OF TECHNICAL CHANGES AND AN ADMINISTRATION REQUEST TO REAUTHORIZE EDA ONLY THROUGH...
Page 28 - ... IMPROVE PROGRAM MANAGEMENT BY PROVIDING MORE FLEXIBILITY AND CREATIVITY TO DEAL WITH CHANGES THAT MAY OCCUR IN THE POST-AWARD PERIOD; • ELIMINATE OUTDATED AND UNNEEDED STRUCTURES, SUCH AS ADVISORY COMMITTEES AND STUDY BOARDS...
Page 26 - IN FY 1995, EDA WILL LEVERAGE PRIVATE FINANCING AS A SOURCE OF ECONOMIC DEVELOPMENT FUNDING BY TARGETING ITS DEVELOPMENT GUARANTEED LOAN PROGRAM TOWARDS...