Policy Impact Analysis - 117/HR/7085

Bill Overview

Title: To amend the Public Works and Economic Development Act of 1965 to authorize the Secretary of Commerce to make predevelopment grants, and for other purposes.

Description: This bill authorizes the Economic Development Administration to make predevelopment grants to specified entities for activities such as community asset mapping, technical assistance, and feasibility and environmental studies.

Sponsors: Rep. Carter, Troy [D-LA-2]

Target Audience

Population: People in communities benefiting from U.S. economic development activities

Estimated Size: 50000000

Reasoning

Simulated Interviews

Community Development Officer (Detroit, MI)

Age: 45 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • I think this grant will help us kickstart several projects we've been planning but couldn't fund.
  • It's always a struggle to gather resources for initial studies and mapping, so this policy feels like a significant boost.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 8 5
Year 20 8 5

Environmental Consultant (San Antonio, TX)

Age: 32 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy could lead to more contracts for my consulting work, allowing communities to engage in environmentally sound development.
  • Grants for technical assistance are crucial for integrating green practices in development.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 6
Year 10 7 6
Year 20 7 6

Freelance Urban Planner (Brooklyn, NY)

Age: 29 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 4/20

Statement of Opinion:

  • Access to resources for detailed mapping will enhance our community outreach and engagement strategies.
  • It could significantly accelerate area redevelopment plans and improve local amenities.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Local Government Official (Rural Alabama)

Age: 52 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 7.0 years

Commonness: 3/20

Statement of Opinion:

  • These predevelopment funds could finally support the groundwork needed for new road and internet infrastructure.
  • Our community could see substantial changes if we receive some of these grants.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 4
Year 5 8 4
Year 10 8 4
Year 20 8 4

Community Organizer (Navajo Nation)

Age: 41 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • This policy can fund necessary studies for sustainable development respecting cultural grounds.
  • Improved engagement through these grants could yield long-lasting benefits for our community.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 7 5
Year 20 6 5

Graduate Student in Urban Studies (Los Angeles, CA)

Age: 24 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 7/20

Statement of Opinion:

  • Such grants will provide real-world job opportunities and internships in urban development for students like me.
  • Policymaking that's support-focused enables our generation to innovate.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Construction Contractor (Buffalo, NY)

Age: 38 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 6/20

Statement of Opinion:

  • Increased predevelopment activity would assure more contracts and steady income for me and my employees.
  • Our industry heavily depends on continual development initiatives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Retired School Teacher (Fargo, ND)

Age: 58 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • Although I am not directly involved, I'm hopeful that improved planning can lead to better public amenities and community spaces for others.
  • Change is often driven by new development opportunities.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 5 5

Social Worker (Richmond, VA)

Age: 33 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • Predevelopment grants could lead to new job training and placement projects, benefiting those I assist greatly.
  • I see potential reductions in local unemployment due to enhanced project feasibility.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 6 6
Year 20 6 6

Real Estate Developer (Salt Lake City, UT)

Age: 47 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 7.0 years

Commonness: 2/20

Statement of Opinion:

  • These grants can enhance feasibility studies necessary for building sustainable and affordable housing with community integration.
  • I expect significant opportunities to implement new projects aligning with both my business goals and community needs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 7
Year 20 8 7

Cost Estimates

Year 1: $10000000 (Low: $8000000, High: $12000000)

Year 2: $10000000 (Low: $8000000, High: $12000000)

Year 3: $10000000 (Low: $8000000, High: $12000000)

Year 5: $10000000 (Low: $8000000, High: $12000000)

Year 10: $10000000 (Low: $8000000, High: $12000000)

Year 100: $10000000 (Low: $8000000, High: $12000000)

Key Considerations