Budget Summary FY2019

This is not the official budget document.

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    Home > Housing and Economic Development > Economic Development - Budget Summary

    Office of the Secretary of Housing and Economic Development
    Data Current as of:  8/10/2018


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    FISCAL YEAR 2019 BUDGET SUMMARY ($000)
    ACCOUNT FY2019
    Conference
    FY2019
    Vetoes
    FY2019
    Overrides
    FY2019
    GAA
    7002-0010  Executive Office of Housing and Economic Development 2,672 -200 200 2,672
    7002-0017  Housing and Economic Development IT Costs 2,763 0 0 2,763
    7002-0020  Workforce Development Grant 2,690 -90 90 2,690
    7002-0032  Massachusetts Technology Collaborative 2,500 0 0 2,500
    7002-0036  Urban Agenda Economic Development Grants 650 -150 150 650
    7002-0040  Small Business Technical Assistance Grant Program 2,000 0 0 2,000
    7002-1502  Transformative Development Fund 250 0 0 250
    7002-1506  Working Cities Tech Assistance Grants 550 0 0 550
    7002-1508  Mass Tech Collaborative Tech and Innovation Entrepre 1,575 0 0 1,575
    7002-1509  Entrepreneur in Residence Pilot Program 50 0 0 50
    7002-1512  Big Data Innovation and Workforce Fund 500 0 0 500
    TOTAL    16,200 -440 440 16,200

    Hide line item language

    account description amount
    OFFICE OF THE SECRETARY OF HOUSING AND ECONOMIC DEVELOPMENT 23,849,246
    Direct Appropriations
    7002-0010 Executive Office of Housing and Economic Development
    For the operation of the office of the secretary of housing and economic development, including the operation of the Massachusetts permit regulatory office and the operation of the office of the director of wireless and broadband affairs; provided, that agencies within the executive office may, with the prior approval of the secretary, streamline and improve administrative operations pursuant to interdepartmental service agreements; provided further, that not less than $75,000 shall be expended for a feasibility study and improvements to the Old Town Hall in the town of Walpole; provided further, that not less than $50,000 shall be expended for the Lawrence Partnership Inc. to facilitate public and private economic development collaboration in the city of Lawrence; provided further, that not less than $50,000 shall be expended for the Massachusetts Office of Employee Involvement and Ownership, housed within a state government agency or state higher education institution, selected at the discretion of the secretary of housing and economic development; provided further, that not less than $25,000 shall be expended on the Women's Fund of Western Massachusetts; provided further, that not less than $12,500 shall be expended on the Charles H. McCann Technical School; provided further, that not less than $12,500 shall be expended on the Berkshire Training and Employment Program; and provided further, that not less than $300,000 shall be expended on the New England Center for Arts & Technology, Inc
    2,672,026
    7002-0017 Housing and Economic Development IT Costs
    For the provision of information technology services within the executive office of housing and economic development, including the homeless management information system
    2,762,544
    7002-0020 Workforce Development Grant
    For a precision manufacturing program administered by the executive office of housing and economic development that provides training to unemployed and underemployed individuals, including veterans; provided further, that not less than $90,000 shall be expended for the E-Team Machinist program in the city of Lynn; and provided further, that not less than $100,000 shall be expended for the Middle Skills Manufacturing Initiative in the counties of Hampshire and Franklin
    2,690,000
    7002-0032 Massachusetts Technology Collaborative
    For a transfer to the John Adams Innovation Institute Fund established in section 6A of chapter 40J of the General Laws
    2,500,000
    7002-0036 Urban Agenda Economic Development Grants
    For a competitive grant program to work with urban entrepreneurs to promote small businesses, create new jobs and support workforce development and training initiatives in urban communities; provided, that the program shall be administered by the executive office of housing and economic development; provided further, that not less than $100,000 shall be expended on the Roxbury Trust Fund; provided further, that not less than $50,000 shall be expended on the Methuen Arlington Neighborhood, Inc.; and provided further, that funds may be used for planning grants to local housing authorities and municipalities in urban areas to develop new affordable rental or homeownership housing
    650,000
    7002-0040 Small Business Technical Assistance Grant Program
    For a transfer to the Massachusetts Growth Capital Corporation for the small business technical assistance grant program; provided, that not less than $2,000,000 shall be disbursed as grants to community development corporations certified under chapter 40H of the General Laws, non-profit community development financial institutions certified by the United States Department of the Treasury or non-profit community-based organizations for the purpose of providing technical assistance or training programs to businesses with not more than 20 employees; provided further, that priority shall be given to those organizations that focus on reaching underserved markets; and provided further, that not later than January 15, 2019 the Massachusetts Growth Capital Corporation shall submit a report to the house and senate committees on ways and means and the joint committee on community development and small businesses
    2,000,000
    7002-1502 Transformative Development Fund
    For the Transformative Development Fund established in section 46 of chapter 23G of the General Laws
    250,000
    7002-1506 Working Cities Tech Assistance Grants
    For competitive technical assistance grants to be administered by the executive office of housing and economic development, in coordination with the Federal Reserve Bank of Boston, to provide multi-year support to initiatives that advance cross-sector collaboration among the public, private and nonprofit sectors; provided, that in order to qualify for funding, a project proposal shall catalyze and accelerate initiatives that create new or stronger working relationships between key institutions, agencies, organizations and businesses within municipalities with: (a) populations of more than 35,000 and less than 250,000 residents; (b) median family incomes that are below the median of similarly-sized municipalities; and (c) median poverty rates that are above the median for similarly-sized municipalities; provided further, that the Federal Reserve Bank of Boston shall identify additional program eligibility requirements; provided further, that not less than $50,000 shall be expended on the Arlington Community Trabajando; and provided further, that the private sector and other institutions shall contribute to this program an amount that is at least equal to the total state appropriation for this program
    550,000
    7002-1508 Mass Tech Collaborative Tech and Innovation Entrepre
    For the Massachusetts Technology Park Corporation established in section 3 of chapter 40J of the General Laws and doing business as the Massachusetts Technology Collaborative, to establish programs that provide advice and training from successful, experienced entrepreneurs for startup enterprises and that create a talent pipeline to technology startups and innovation companies; provided, that an entrepreneur and startup mentoring program shall be established, in consultation with the Massachusetts Technology Development Corporation established in section 2 of chapter 40G and doing business as MassVentures, to provide assistance, mentoring and advice to startups and innovation companies by connecting early-stage entrepreneurs, technology startups and small businesses with successful, experienced business enterprises and capital financing; provided further, that said entrepreneur and startup mentoring program shall make every reasonable effort to encourage diversity among participants; provided further, that funds shall be expended for paid internships for students seeking careers in technology and innovation industries to work with companies competing actively in those fields; provided further, that the Massachusetts Technology Collaborative shall seek private funds necessary to match contributions equal to $1 for every $1 contributed by the Massachusetts Technology Collaborative through the internship program; provided further, that as a condition of such grants being awarded, the Massachusetts Technology Collaborative shall reach an agreement with the grant recipient on performance measures and indicators that shall be used to evaluate the performance of the grant recipient in carrying out the activities described in the recipient's application; provided further, that the Massachusetts Technology Collaborative shall file annual reports for the duration of the programs with the chairs of the senate and house committees on ways and means and the senate and house chairs of the joint committee on economic development and emerging technologies, not later than June 15, 2019; provided further, that the paid internship program report shall include the number of placements of students in paid internships during the academic year and an analysis of the impact of the program on the ability of its participants to enter the full-time job market in the technology and innovation industries after graduation; provided further, that the entrepreneurship program report shall include an overview of the activities of the programs, the number of participants in the programs and an analysis of the impact of the programs on the success of the participants' startup business ventures; provided further, that not less than $75,000 shall be expended on the Greater Gardner Business Incubation Network's business incubator; and provided further, that the funds appropriated in this item shall not revert but shall be made available for these purposes through June 30, 2020
    1,575,000
    7002-1509 Entrepreneur in Residence Pilot Program
    For the Massachusetts Technology Park Corporation doing business as the Massachusetts Technology Collaborative in collaboration with the Massachusetts Medical Device Development Center and the Innovation Hub at the University of Massachusetts at Lowell and the Venture Development Center at the University of Massachusetts at Boston, established pursuant to item 7007-0932 of section 2 of chapter 123 of the acts of 2006, as amended by section 36 of chapter 112 of the acts of 2010, to offer candidates on nonimmigrant visas the opportunity to remain in the commonwealth to pursue practical training in entrepreneurship
    50,000
    7002-1512 Big Data Innovation and Workforce Fund
    For the Big Data Innovation and Workforce Fund established in section 6H of chapter 40J of the General Laws
    500,000

    account description amount
    Intragovernmental Service Spending 7,649,676
    7002-0018 Chargeback for Housing and Economic Development IT Costs
    For the cost of information technology services provided to agencies of the executive office of housing and economic development
                    Intragovernmental Services Fund ............... 100%
    7,649,676


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