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Transportation and Economic Development

Livability and economic development are intertwined: livability draws businesses and businesses contribute to community quality of life through investments in the built environment, culture, and philanthropy. Businesses are choosing to locate in more accessible locations that combine transportation and housing choices, good schools, gathering places, and natural amenities.

The U.S. Department of the Treasury and individual governors have designated certain economically distressed communities as Opportunity Zones to spur economic development and job creation by encouraging long-term investment in low-income communities nationwide. Targeted transportation investments can improve access to jobs, education, shopping, and goods movement, while providing construction and operations jobs.

Transportation and Economic Development
Format:
  • White Paper
Topics:
Website:Visit Publisher Website
Author(s):
  • FHWA Economic Development Program
Publisher:Department of Transportation (DOT)
Published:September 1, 2020
License:Public Domain
Tags:communicationDepartment of Treasuryeconomic growth
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