ECONOMIC VITALITY strengthens a community’s existing economic assets while diversifying its economic base.
This is accomplished by retaining an expanding successful business to provide a balanced commercial mix, sharpening the competitiveness and merchandising skills of business owners, and attracting new businesses that the market can support. Converting unused or underused property also helps boost the profitability of the district that responds to the needs of today’s consumers.
Examples of work
Business survey
Recruitment of business supported by market analysis
Promotion of grant and loan programs
Business assistance workshops
Inventory of available properties
Promotion of the Alabama Historic Tax Credit
