Governor Charles D. Baker's Budget Recommendation - House 2 Fiscal Year 2017

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Office of the Secretary of Housing and Economic Development




Fiscal Year 2017 Resource Summary ($000)
DEPARTMENT FY 2017
Budgetary
Recommendations
FY 2017
Federal, Trust,
and ISF
FY 2017
Total
Spending
FY 2017
Budgetary
Non-Tax Revenue
Office of the Secretary of Housing and Economic Development 16,503 7,665 24,168 0

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account description amount
OFFICE OF THE SECRETARY OF HOUSING AND ECONOMIC DEVELOPMENT 24,167,588
Budgetary Direct Appropriations 16,502,969
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; provided, that agencies within the executive office may, with the prior approval of the secretary, streamline and improve administrative operations through interdepartmental service agreements
2,163,995
7002-0017 Housing and Economic Development IT Costs
For the provision of information technology services within the executive office of housing and economic development
3,078,974
7002-0020 Workforce Development Grant
For a precision manufacturing pilot program that provides training to unemployed and underemployed individuals, including veterans; provided, that the program shall be administered by the executive office of housing and economic development
1,535,000
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
3,000,000
7002-0035 Military Base Promotion
For a reserve to support the commonwealth's defense sector initiatives; provided, that the executive office may allocate funds to the Massachusetts Development Finance Agency for this purpose
125,000
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 funds may be used for planning grants to local housing authorities and municipalities in urban areas to develop new affordable rental or homeownership housing; and provided further, that funds shall be available in fiscal years 2017 and 2018
3,000,000
7002-0040 Small Business Technical Assistance Grant Program
For a transfer to the Massachusetts Growth Capital Corporation established pursuant to section 2 of chapter 40W of the General Laws for the small business technical assistance grant program; provided, that grants shall be disbursed to community development corporations certified under chapter 40H of the General Laws, nonprofit community development financial institutions certified by the United States Treasury or nonprofit community-based organizations to provide technical assistance or training programs to businesses with 20 or fewer employees; and provided further, that priority shall be given to those organizations that focus on reaching underserved markets
2,000,000
7002-1502 Transformative Development Fund
For the Transformative Development Fund established in section 46 of chapter 23G of the General Laws to be administered by the Massachusetts Development Finance Agency
1,000,000
7002-1506 Working Cities Tech Assistance Grants
For the Working Cities Challenge, 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 non-profit 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: (i) a population of greater than 35,000 and less than 250,000; (ii) a median family income that is below the median of those similarly-sized municipalities; and (iii) a median poverty rate that is above the median for those similarly-sized municipalities; provided further, that the Federal Reserve Bank of Boston shall identify additional program eligibility requirements; 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
500,000
7002-1509 Entrepreneur in Residence Pilot Program
For the Massachusetts Technology Park Corporation doing business as the Massachusetts Technology Collaborative in collaboration with the University of Massachusetts, to offer candidates on nonimmigrant visas the opportunity to remain in the commonwealth to pursue practical training in entrepreneurship
100,000
account description amount
Intragovernmental Service Spending 7,664,619
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 Service Fund ............... 100%
7,664,619


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