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The Oklahoma Department of Commerce administers numerous programs that help communities raise the per capita income and improve the quality of life for local residents. Community Development Block Grants assist with vital infrastructure issues. Funding for programs that improve the lives of low-income residents is provided to Community Action Agencies throughout the state. The State Energy Office supports renewable energy and energy efficiency programs across the state. Contact the Community Development division today at 800-879-6552 or info@okcommerce.gov to learn how we can help your community.

NEWS & FEATURES

New York Times and CNBC Profile Oklahoma City

February 3, 2010 - The New York Times recently profiled downtown Oklahoma City, including its resilient commercial real estate market and Devon Energy's new 50-story tower.

The Times also discussed the recent passage of the MAPS 3 initiative and its expected impact on Oklahoma City.

Click here to read the full piece "A Downtown Becomes Full of Life Again"

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Grant Targets Part of Oklahoma City with Jobs

January 21, 2010 – The Oklahoman reports a portion of Oklahoma City with a high concentration of unemployment and poverty will benefit from a $4 million U.S. Labor Department grant — Pathways Out of Poverty — which supports programs helping the disadvantaged obtain jobs in renewable energy and energy efficiency industries.

The grant is part of a $150 million award in green jobs training grants from the federal recovery act. The goal is to place 200 people in green jobs within two years.

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Langston Receives Grant for Revitalization Projects

November 18, 2009 -- The Oklahoman reports Langston University’s Economic Development and Outreach Department will receive an $800,000 grant to fund revitalization projects.

The grant, funded through the U.S. Department of Housing and Urban Development, will allow university officials to initiate economic development projects in Langston and the empowerment zone in Oklahoma City.

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Spotlight on Stroud: Site Ready Certification Already Paying Dividends

October 16, 2009 -- Steve Gilbert, City Manager and Director of Economic Development for the City of Stroud, is like a chef working on creating a great meal….things are happening all over the kitchen. The city has land, buildings, and infrastructure to attract new engines to drive the local economy. As the central man behind the community’s economic development efforts, Gilbert is stirring multiple pots – keeping existing businesses open and thriving while attracting new industries to Stroud.

Gilbert is an advocate for small towns’ pursuing several creative avenues to move themselves forward. He says small towns in Oklahoma have to be multifaceted, and look to multiple revenue streams, build public and corporate partnerships, and be flexible and creative in problem-solving.

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Broken Arrow Named One of the Best Places to Retire

September 15, 2009 – Money Magazine has named Broken Arrow as one of the country’s best places to retire.

The magazine named Broken Arrow to its "25 Best Places to Retire" after profiling cities around the country based on cost of living, recreational activities and quality of healthcare.

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Four Oklahoma Tribes Receive Approval to Issue $90 Million in Tax-Exempt Development Bonds

September 15, 2009 -- The Internal Revenue Service (IRS) has approved the plans of four Oklahoma Tribes to issue $22.5 million apiece in tax-exempt bonds for economic development and infrastructure projects.

The projects proposed for the bond issues include projects for the Kaw Nation, the Ponca Tribe of Oklahoma, the Delaware Tribe of Indians and the Fort Sill Apache Tribe.

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2008 Community Development Annual Report Now Available for Download

Did you know in 2008 Oklahoma's Weatherization Assistance Program enabled low-income families to reduce their energy bill by more than $350 a year? 

Last year Community Development Block Grants (CDBG) awarded 163 new projects in Rural Oklahoma benefiting over 250,000 people.

These statistics and more are featured in the Abobe Acrobat File2008 Community Development Annual Report from the Oklahoma Department of Commerce.

Download your copy today and learn more!

 


Community Developer Newsletter In this month's issue: Hitachi in Norman is launching a massive expansion.

Also in the January issue: the potential for rural economic recovery is explored in a new report; and the EPA awards $100,000 to the Delaware Nation.


 

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