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Housing & Economic Development <br />previously used as landfills and dumps. If a city receives initial approval from a state <br />regulatoryauthority, acityÓsredevelopmentprojectapprovalshouldbeconsideredfinal. <br />Localgovernments andcitiesmaychoose torevitalize historicstructures ratherthanconstruct <br />new buildings.MetroCitiessupports extensionofthesunsetofthestateincometaxcredit <br />and maintaining the federal tax credit for preservation of historic properties. Metro Cities <br />supportscollectionofthestaterefundforthehistoricexpenditures overoneyear. <br />Metro Citiessupportsstatefundingtoallowcitiesand/or theirdevelopmentauthoritiesto <br />assemble smallpropertiessothatbusiness expansionsites willbereadyforfuture <br />redevelopment. <br />3-K(3)WorkforceReadiness <br />A trained workforce is important to a strong local, regional,and state economy. Cities have an <br />interest in the availability of qualified workers and building a future workforce based on current <br />and futuredemographics,aspartoftheireconomicdevelopment efforts.Citiescan workwiththe <br />public and private sectors to address workforce readiness to include removing barriers to <br />education access,addressing racialdisparitiesinachievement andemploymentgaps,addressing <br />the occupational gender gap, and support training and jobs for people with disabilities. The state <br />has a role to prepare and train a qualified workforce throughthe secondary, vocational,and <br />higher education systems and job training and retraining programsin the Department of <br />Employment and Economic Development (DEED), including youthemploymentprograms. <br />MetroCitiessupports: <br />Increased funding for the Job Skills Partnership, youth employment programs and <br />other workforce training programs administered by the state that lead to jobs that <br />providealivingwageandbenefits,support workers of all abilities, andhelpaddress <br />racialdisparitygapsinemployment; <br />Innovative workforceprograms andpartnerships thatfosterworkforcereadiness <br />for a full range of jobs and careers, including skilled municipal jobs and current <br />highopportunityareas suchas manufacturingandconstruction; <br />Investmentsinprogramsthataddressthegender wagegap,includingtrainingfor <br />womentoenternontraditionalcareers; <br />Apayroll tax creditforjobtrainingprogramsthat investin employees;and <br />A cityÓsauthoritytotieworkforce requirementstolocalpublicfinanceassistance. <br />3-LTaxIncrementFinancing(TIF) <br />Tax Increment Financing (TIF) continues to be the primary tool available for local communities <br />to assist economic development, redevelopment,and housing. Over time, statutory changes have <br />2022 Legislative Policies <br />35 <br /> <br />