Local Economic Development Finance examines the fundamentals of financing local economic development from the perspectives of both the private and public sector. Public sector orientations to planning, community and social development, or local economic development often overlook the money end of the project and focus almost exclusively on the social good. Unfortunately, plans do not materialize without money. Susan Giles and Edward Blakely take a "hands-on" approach as they guide the reader through the steps of securing the funds necessary to meet community needs for cost effective services and facilities. They: show how to link public community funding and private marketplace funding; describe how private development can incorporate community programmes as an asset to a development project or programmes; include numerous examples, eight real world cases, a glossary of terms, and a model local economic development business plan; Several data sets, for use in practice exercises, and cash-flow models are made available on a website.
Dr. Edward J. Blakely is Professor of Urban Policy in the United States Study Centre at the University of Sydney, Australia. He has held academic positions in teaching, research, academic administration, and economic development policy for more than 30 years, including Dean of the Robert J. Milano Graduate School of Management and Urban Policy and Dean of the University of Southern California School of Policy, Planning, and Development. He is a leading scholar and practitioner in the fields of planning and local economic development. Dr. Blakely served as a policy adviser to the mayor of Oakland and adviser to the Los Angeles Public School District. He was appointed by President Clinton as Vice Chair of the Presidio Trust, where he played a key role in the development of the former army base into a profitable civic facility. He has served on the Board of Directors of the American Planning Association, the Nature Conservancy, and Fulbright Association. In January 2007, Dr. Blakely was appointed by the Mayor of New Orleans to head the recovery effort following the devastation of Hurricane Katrina.