New investment playbook aims to seize opportunities, fuel Erie’s inclusive growth
In Erie and throughout the country, communities continue to struggle with a host of problems, which includes the ongoing consequences of the pandemic. In response, the federal authorities has embarked on a enormous effort and hard work to spur equitable financial recovery, creating new prospects for more mature industrial towns like Erie. Having said that, the federal funding is arriving by way of dozens of different systems and agencies, generating it necessary that towns and counties get arranged to navigate and leverage these federal funding possibilities.
In our view, failing to plan is planning to are unsuccessful. In Erie, Pennsylvania that is merely not an choice.
To assistance our local community master this minute, we, together with numerous other local community leaders, have produced “Erie’s Inclusive Growth: A Framework for Motion.” This hard work commences with a custom made expenditure playbook containing a portfolio of about 35 certain jobs that can maximize federal investments, spur lengthy-time period expansion and lower lengthy-standing inequities in our neighborhood. These jobs are grounded in local experience, emerging from interviews with practically 50 regional stakeholders and the assessment of far more than a dozen strategic plans.
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The playbook initial involves a collection of assignments that extend across Erie County. These initiatives would enhance Erie’s distinct situation in following-era industries this sort of as plastics recycling and state-of-the-art production, help update our region’s essential digital, transportation and power infrastructure and improve the amount and size of minority-owned businesses.
The playbook also consists of a series of “catalytic” tasks in the higher core of Erie and other places of the county that have an outsized effect on job expansion. These jobs would leverage the region’s focus of anchor institutions and proceed the revitalization of the downtown, the waterfront, the 12th Street industrial corridor as perfectly as the East and West Bayfront neighborhoods. These area-centered jobs leverage unique Erie alternatives all over housing, modest business, brownfield remediation and extra.
To facilitate accessibility to federal money, the investment decision playbook lays out a in-depth method for matching neighborhood employs and federal resources and staging and sequencing public, personal and civic money. Erie’s Inclusive Advancement framework will be held up by a central “nerve centre” that can help to align the get the job done throughout sectors. In the meantime, the county has designed, staffed and introduced a complementary strategy, the Fusion Cell, which will coordinate with this effort, operating upward and outward across county and state traces to increase collaboration through the full location.
The investment decision playbook is structured to scale initiatives currently underway: the revival of the Bayfront and Perry Sq., the reuse of lengthy-dormant industrial factories and the regeneration of city cores and corridors throughout the county.
Through, we specially target on techniques that can:
This function has been guided by a dedicated steering committee manufactured up of leaders from the town of Erie, Erie County, Erie Regional Chamber & Development Partnership, Jefferson Instructional Culture and Various Erie as nicely as funders including the Erie Group Basis, Erie Insurance coverage and the Erie County Gaming Revenue Authority.
This playbook is a living document — it is not fantastic. It is built to evolve and crafted with a bias toward action. We established this playbook because we knew that if we did not act swiftly and decisively, Erie County could miss out on thousands and thousands of pounds of investment decision that will have a sizeable effects on not only our downtown, or the metropolis, but across Erie County and the surrounding location.
We consider that this second rewards all those communities that are not only aspirational and formidable, but also obvious-eyed and targeted. We believe that the financial commitment playbook provides Erie the probable to glow amongst its friends and across the country. We search forward to collaborating with each other and the group to make this playbook — and inclusive and equitable advancement — in Erie, a reality.
Brenton Davis is the Erie County executive. Joe Schember is the mayor of the city of Erie. Karen Bilowith is chair of Erie’s Inclusive Growth Steering Committee.
This write-up at first appeared on Erie Instances-News: New financial commitment playbook a catalyst for Erie’s inclusive development