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Economic Development (41 - 50 of 3,037 items)
Federal Emergency Management Agency: Opportunities to Achieve Efficiencies and Strengthen Operations
GAO-14-687T: Published: Jul 24, 2014. Publicly Released: Jul 24, 2014.
GAO's recent and ongoing work examining the Federal Emergency Management Agency's (FEMA) administrative costs of providing disaster assistance highlights opportunities to increase efficiencies and potentially reduce these costs. In September 2012, GAO reported that FEMA's administrative costs for disaster assistance had doubled in size as a percentage of the overall cost of the disasters since fis...
Telecommunications: USDA Should Evaluate the Performance of the Rural Broadband Loan Program
GAO-14-471: Published: May 22, 2014. Publicly Released: Jun 23, 2014.
The U.S. Department of Agriculture (USDA) Rural Utilities Service (RUS) has approved 100 loans to geographically and demographically diverse areas through its Rural Broadband Access Loan and Loan Guarantee Program (“loan program”), though over 40 percent of these loans are no longer active. The geographic distribution of RUS loans is widespread, with broadband providers in 43 states having rec...
Recovery Act: USDA Should Include Broadband Program's Impact in Annual Performance Reports
GAO-14-511: Published: Jun 17, 2014. Publicly Released: Jun 17, 2014.
The Rural Utilities Service (RUS) expects most Recovery Act-funded Broadband Initiatives Program (BIP) projects will be completed by the June 2015 deadline and as approved, but RUS faces challenges given the large scope of the program. As of March 2014, approximately 14 percent (42 of 297) of BIP infrastructure projects were terminated for a variety of reasons according to RUS officials, such as f...
Community Development Capital Initiative: Status of the Program and Financial Health of Remaining Participants
GAO-14-579: Published: Jun 6, 2014. Publicly Released: Jun 6, 2014.
As of April 30, 2014, 82 percent of the Department of the Treasury's (Treasury) $570 million total investment in eligible banks and credit unions through the Community Development Capital Initiative (CDCI) was still outstanding. Sixteen institutions have exited the program, leaving 29 banks and 39 credit unions, respectively, in the program. Treasury had received repayments and investment income o...
Emergency Transportation Relief: Agencies Could Improve Collaboration Begun during Hurricane Sandy Response
GAO-14-512: Published: May 28, 2014. Publicly Released: May 28, 2014.
The Department of Transportation (DOT) is in the process of allocating, obligating, and disbursing the $13 billion appropriated by the Disaster Relief Appropriations Act, 2013 (DRAA) for surface transportation relief. Most of the DRAA surface transportation funds—over $10 billion—were appropriated to the Federal Transit Administration's (FTA) new Public Transportation Emergency Relief Program...
Nanomanufacturing and U.S. Competitiveness: Challenges and Opportunities
GAO-14-618T: Published: May 20, 2014. Publicly Released: May 20, 2014.
Forum participants described nanomanufacturing as an emerging set of developments that will become a global megatrend: a technological revolution that is now in its formative phases but that many knowledgeable persons—in science, business, and government—expect to burgeon in the years ahead, bringing new opportunities, “disruptive innovation,” jobs creation, and diverse societal benefits....
Arctic Issues: Better Direction and Management of Voluntary Recommendations Could Enhance U.S. Arctic Council Participation
GAO-14-435: Published: May 16, 2014. Publicly Released: May 19, 2014.
The Arctic Council (Council) is a voluntary intergovernmental forum for Arctic States, with involvement of indigenous organizations and other stakeholders, to address various environmental and economic issues through projects and reports targeting a variety of subjects. The eight Arctic States guide the work of the Council through consensus decisions and rotate the chairmanship of the Council ever...
Disaster Resilience: Actions Are Underway, but Federal Fiscal Exposure Highlights the Need for Continued Attention to Longstanding Challenges
GAO-14-603T: Published: May 14, 2014. Publicly Released: May 14, 2014.
GAO has identified various challenges to resilience building—actions to help prepare and plan for, absorb, recover from, and more successfully adapt to adapt to adverse events including those caused by extreme weather. These include challenges for communities in balancing hazard mitigation investments with economic development goals, challenges for individuals in understanding and acting to limi...
Overview of GAO's Past Work on the National Flood Insurance Program
GAO-14-297R: Published: Apr 9, 2014. Publicly Released: May 9, 2014.
Over the past 11 years, GAO has identified a variety of challenges facing the National Flood Insurance Program (NFIP) and has made numerous recommendations to the Federal Emergency Management Agency (FEMA) to improve its administration of the program. FEMA has generally agreed with GAO's recommendations and has taken steps to address them. However, FEMA has not fully addressed all of the issues we...
Alternative Jet Fuels: Federal Activities Support Development and Usage, but Long-term Commercial Viability Hinges on Market Factors
GAO-14-407: Published: May 7, 2014. Publicly Released: May 7, 2014.
The federal government supports the development and use of alternative jet fuels through both broad and targeted initiatives. Broad national strategies promote the development of a variety of alternative fuels—including alternative jet fuel—to help achieve national goals, such as securing energy independence, fostering economic development, and reducing greenhouse gas emissions. In addition, t...