Promoting Smart Growth & Regional Collaboration
Building a more resilient economy in our region.
In 2021, MAPC Economic Development team is focused on advancing an equitable economic recovery and building economic resilience. In partnership with leaders in government, the private sector, non-profit organizations and academic institutions, the team is committed to providing comprehensive plans and capacity-building support based on up-to-date research. Together, we’re working to ensure that the recovery from COVID-19 addresses root causes of inequality and builds the ability of individuals, communities, and the region as a whole to respond to future economic disruptions.
Our work is guided by our Comprehensive Economic Development Strategy, created in 2020 and released in January 2021. It serves as a blueprint for economic recovery in the region and focuses on increasing racial equity, economic resilience, and climate resilience in the region.
All of our work is based on research on existing conditions, current and future trends and best practices.
The Draft MAPC Comprehensive Economic Development Strategy (CEDS) is now available! MAPC is presented with the opportunity to create a regional economic development strategy every five years as part of our designation as an Economic Development District (EDD) through the U.S. Economic Development Administration (EDA). Our 30 day public review/comment period begins February 22, 2021.
MAPC's CEDS serves both as a guiding vision and “blueprint” for the economic growth of the region and as a benchmark with which to measure growth and success. It is linked to MetroCommon 2050, which is Greater Boston's next regional long-range plan outlining long-term goals and strategies in five areas: Homes for Everyone, Climate Change Adaptation & Mitigation, Inclusive Growth & Mobility, Dynamic & Representative Government, and Equity of Wealth & Health.
The CEDS provides a current picture of the status of the region’s economy and documents progress towards economic development goals. The CEDS will be guided by three distinct goals:
- Goal 1: Residents of the region achieve financial stability in order to withstand three to six months of economic hardship.
- Goal 2: There is increased parity between the wealth of BIPOC and White people in the region.
- Goal 3: Everyone in the region is able to access jobs, goods, and services close to their homes via affordable transportation options, with shorter commutes and fewer transfers.