04-03-2023 JDA Agenda Packet - Laserfiche WebLink

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Joint Development Authority TCAAP Redevelopment Project Joint Development Authority TCAAP Redevelopment Project These strategies have become the roadmap that is now referred to as the Economic Competitiveness & Inclusion (ECI) Plan. The ECI Plan was adopted on March 23, 2021, after 18 months of engagement with residents, businesses, community leaders, a steering committee, and the Ramsey County Board of Commissioners. The plan now acts as a guide directing community objectives, staffing and budgets for the next five years. The county has also been tracking its investment into these eight strategic areas through an ECI Tracker which can be found on the Plan’s website. www.ramseycounty.us/economicinclusion Lastly, and per the recommendations of the ECI Plan, the County in 2021 worked with the Alliance for Metropolitan Stability on developing an Equitable Development Framework. This Framework is attached to this packet and has become the tool in which County staff vet proposals requesting county funding, as well as proposals seeking the acquisition of county land. Core tenets of the Equitable Development Framework include: 1. Cultivating economic prosperity and invest in neighborhoods with social vulnerability through proactive leadership and inclusive initiatives that engage all communities in decisions about our future. 2. Enhancing access to opportunity and mobility for all residents and businesses through connections to education, employment, and economic development throughout our region. 3. Fostering strong communities and people by recognizing and building on racially and ethnically diverse communities’ existing capacity for self-determination, and anticipating and preventing displacement of vulnerable residents, businesses, and community organizations. 4. Increasing opportunities for low-income households of color to live in all neighborhoods, with access to home ownership and rental opportunities. 5. Fostering places that are healthy, vibrant and resilient. ECI Accolades: Since Plan adoption, County staff have presented the plan to numerous bodies locally and nationally. The plan was awarded an Excellence in Equity Award by the International Economic Development Council (IEDC) on October 5, 2021, and a Local Leaders in Government Award by the St. Paul Area Chamber that year as well. Attachments: JDAPres_0329 RC Equitable Framework Action Requested: Review presentation.