News & Analysis as of

Rural Areas Economic Development

McDermott Will & Emery

Modified QOZ program delivers new investor incentives and permanence

McDermott Will & Emery on

The One Big Beautiful Bill Act (OBBBA) significantly modified the Qualified Opportunity Zone (QOZ) program via a set of comprehensive reforms aimed at improving accountability, long-term impact, and geographic equity. The new...more

Frost Brown Todd

There is No Sunset in the Land of OZ – Opportunity Zones Renewed by The One Big Beautiful Bill Act

Frost Brown Todd on

On July 4, 2025, President Trump signed H.R. 1—referred to as the “One Big Beautiful Bill Act” (OBBBA)—which permanently renewed and modified the federal Opportunity Zone tax incentive program that was set to expire at the...more

Maynard Nexsen

Project Catalyst: An Economic Development Podcast | Episode 13: Economic Development in Rural Alabama with Valerie Gray and Lori...

Maynard Nexsen on

This week, Tina and Tom welcome veteran economic developers Valerie Gray and Lori Huguley who help drive Alabama’s growth as owners of VaLor Strategies. Valerie and Lori share stories from their decades of experience as...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Baker Donelson

Gov. Lee's Strategy: A New Era for Tennessee's Growth & Prosperity

Baker Donelson on

Governor Bill Lee delivered his sixth State of the State address last night in a joint convention of the state House and Senate. The video preview of the speech highlighted the advancement of rural opportunity, fiscal...more

Womble Bond Dickinson

BEAD Program to Drive Rural Broadband, Economic Development and Onshoring of Foreign Businesses in Key Southeastern States

Womble Bond Dickinson on

Providing fast, reliable broadband service in 2023 is every bit as important as providing electricity was in 1933 in rural America. Without high-quality broadband, rural areas (many of which already face economic challenges)...more

Bricker Graydon LLP

New details of $500M Appalachian Community Grant Program released

Bricker Graydon LLP on

​​​​​​​The Ohio Department of Development’s Governor’s Office of Appalachia recently released new details for a program that will infuse up to half a billion dollars into the 32-county region (see our September 21, 2022 blog...more

Maynard Nexsen

The Buzz, An Economic Development Podcast | Episode 84: Tony Toups and Darian Harris, Advantage Capital

Maynard Nexsen on

This week Kara Gormley Meador and Burnie Maybank, co-host of The Buzz, discuss investing in rural areas with Tony Toups, principal and member of senior management at Advantage Capital and Darian Harris, an associate on...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Unlocking Rural Broadband

Statewide, the consensus is that broadband is the tool to transform the economies of rural Arkansas, but the issue has been how to cost-effectively deploy it. A perception exists that the federal American Rescue Plan and...more

Cozen O'Connor

The American Rescue Plan’s Impact on New York State and City Government, Businesses, and Nonprofits

Cozen O'Connor on

On March 11, 2021, President Joe Biden signed the American Rescue Plan (ARP) into law. This historic $1.9 trillion COVID relief plan will have a major impact on the country by providing relief to businesses, nonprofit...more

Farrell Fritz, P.C.

Opportunity Zones: Opportunities for Whom?

Farrell Fritz, P.C. on

On December 22, 2017, Congress enacted the Tax Cuts and Jobs Act of 2017 (the “Tax Act”). The law created a new incentive to encourage long-term investment in the nation’s low-income areas. If a taxpayer invests eligible...more

McGuireWoods Consulting

NC Politics in the News: Your weekly North Carolina political news report. - October 2019 #4

McGuireWoods Consulting on

Agriculture - WSCO: Final North Carolina farm bill sets smokable hemp ban date- North Carolina's annual agriculture measure is getting final votes because negotiators have worked out differences, particularly on when...more

Holland & Knight LLP

FY 2019 Administration Budget Request

Holland & Knight LLP on

President Donald Trump on February 12, 2018, submitted his budget request to Congress for Fiscal Year (FY) 2019. The President's full budget calls for approximately $4.4 trillion in total spending. Much of the budget seeks...more

Parker Poe Adams & Bernstein LLP

Rural Development Council Works to Keep Georgia On Your Mind

When singers croon about the old yellow moonlight spilling through the pines of the Georgia woods, the “Georgia rain on the Jasper County clay” and taking the “midnight train to Georgia,” they evoke nostalgia for the state’s...more

Downs Rachlin Martin PLLC

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - March 2017

House Commerce Considers Independent Contractors, Again - Vermont's business community continues to plead with lawmakers to update the statute defining independent contractors, arguing that current law is costly and...more

Downs Rachlin Martin PLLC

News from the Vermont State House - An analysis from DRM's Government & Public Affairs Team - February 2017 #2

Governor’s $35 Million Housing Bond Discussed in Ways and Means Committee - Executive Director Gus Selig of the Vermont Housing and Conservation Board revealed some of the details this week behind the $35 million bond...more

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