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Baker-Polito Administration Files Economic Development Legislation Providing “Opportunities for All”

BOSTON – Governor Charlie Baker and Lieutenant Governor Karyn Polito today filed legislation to advance job creation and economic growth by empowering communities and regions to reach their potential, expanding workforce development efforts to close the skills gap and connect residents with economic opportunities, and investing in emerging technologies to set the stage for future job growth across the Commonwealth.
“We are committed to creating a platform for growth and prosperity across the Commonwealth, and this legislation will make key investments in the Economic potential of our communities and residents,” said Governor Baker. “Strong communities, a highly-trained workforce, and our commitment to welcoming emerging technologies will ensure Massachusetts’ continues to have a pro-growth business environment providing economic opportunities for all.”
The legislation, “An Act to Provide Opportunities for All,” reflects and begins to implement several aspects of the Baker-Polito Administration’s comprehensive economic development plan, including investments of up to $918 million in capital funding for local infrastructure, Brownfields site cleanup, Gateway Cities development, development site assembly and site readiness, smart growth housing, workforce development, emerging technologies, and community-based innovation.
“Community development and revitalization have been priorities of ours since day one, and this bill will provide new investments and tools to enable and leverage private development toward that goal,” said Lieutenant Governor Polito. “Opportunities to expand the successful MassWorks infrastructure program, spur industrial and commercial development outside Route 128 and reform housing production incentives will help build strong, vibrant communities and drive growth across the Commonwealth.”
The legislation also makes several reforms relative to smart growth housing, streamlines the state’s Economic Development Incentive Program, and refocuses the work of regional economic development nonprofits.
“Massachusetts’ greatest asset is its brainpower, and this legislation provides the state’s innovators with the tools they need to create the next generation of jobs in technology and in advanced manufacturing,” said Secretary of Housing and Economic Development Jay Ash. “By supporting public-private partnerships in applied research, and community-based innovation spaces, this economic development bill will deepen our innovation ecosystem, cement Massachusetts’ position as the nation’s most innovative state, and harness emerging technologies to create long-term job growth in every region of the Commonwealth.”
“One of the things we are focused on in the Baker administration is creating opportunities for all residents. With this economic development plan we will ensure more people get skills, education and training to fill the jobs employers have open now and in the future,” said Labor and Workforce Development Secretary Ronald L. Walker, II. “The $75 million in Workforce Skills Capital grants will enable career and technical training programs to give students the skills they need to compete for jobs in today’s high-tech environment.”
“This economic development plan will not only help replicate what works, but will also offer critical tools to allow municipalities, higher education institutions, and the private sector to leverage partnerships in more areas of the Commonwealth than ever before,” said Education Secretary Jim Peyser. “It will also significantly expand the administration’s commitment to growing a stronger pipeline of students who will be ready to meet current and future workforce needs, especially in emerging STEM fields.”
Read the entire Mass Gov. Article here 


This post first appeared on North Shore Chamber Economic Development, please read the originial post: here

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Baker-Polito Administration Files Economic Development Legislation Providing “Opportunities for All”

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