IDEAS home Printed from https://ideas.repec.org/a/ags/uersra/310936.html
   My bibliography  Save this article

How the State Community Development Block Grant Program Assists Rural Economies

Author

Listed:
  • Sidor, John

Abstract

States spent nearly $1.5 billion in Community Development Block Grant funds in the 1980's to stimulate rural economies. States distributed these funds throughout rural areas, with the more rural areas receiving a larger share of funds than their share of the State population. Most of the firms assisted by State CDBG credit assistance were local: 25 percent were startups and 45 percent were expansions. Most of the assisted firms were very small: 71 percent employed 26 people or fewer. In more rural areas, a greater proportion of the assisted firms were startups and very small. The average cost per job was about $5,100. About three-quarters of the jobs went to low- or moderate-income people, but about a third of the jobs paid annual wages of $10,400 or less.

Suggested Citation

  • Sidor, John, 1991. "How the State Community Development Block Grant Program Assists Rural Economies," Rural America/ Rural Development Perspectives, United States Department of Agriculture, Economic Research Service, vol. 7(2), May.
    • Handle: RePEc:ags:uersra:310936
    DOI: 10.22004/ag.econ.310936
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/310936/files/RDP0591d.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.310936?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersra:310936. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.