Bill 118 hr 10361, also known as the Capacity Building for Business Districts Pilot Program Act, aims to amend the Public Works and Economic Development Act of 1965. The main goal of this bill is to establish a pilot program that will provide support and resources to business districts in order to help them grow and thrive.
The Capacity Building for Business Districts Pilot Program will focus on helping business districts improve their capacity for economic development and revitalization. This includes providing technical assistance, training, and other resources to help business districts attract investment, create jobs, and improve the overall economic health of their communities.
In addition to establishing the pilot program, the bill also includes provisions for evaluating the effectiveness of the program and reporting on its outcomes. This will help ensure that the program is achieving its goals and making a positive impact on business districts across the country.
Overall, the Capacity Building for Business Districts Pilot Program Act aims to support and strengthen business districts, ultimately leading to increased economic growth and prosperity in communities throughout the United States.