b'PROGRAM IMPACTCommunity Development Program Numbers:New Tax Abatements: 3DEVELOPMENT New Manufacturing Equipment Tax Abatements: 6Number of proposals submitted: 4 Total Grant Funds Requested: $4,300,000 Serving Total Grant Funds Awarded: 3 - $530,000 E P ID C R R E N E T O U R T E U E S E F W M L T T S O P S I E W O EN K R N B M M N E O V N C RY YellowstoneCounty and 2 technical assistance awardsBrownfield Program: Phase I Assessments: 8Phase II Assessments: 4Organizational and Committee Partnerships in Yellowstone County: 35+Project DescriptionBrownfields With grants totaling $1.5 million, BSED offers environmental assessment and cleanup opportunities to assist in the redevelopment of properties in Billings and Yellowstone County. Eight Phase I and four Phase II environmental assessments were completed in fiscal year 2024.L E V E D Y T I Space2Place With 44 placemaking and art projects funded since 2018, BSEDs Space2Place program continues to incrementally G D I NC O M M U N N PAC T STO IMtransform and beautify our communities. Six new projects were funded this year, including Raza Unidas cultural art project at South Park.Lockwood TEDD BSED continues to assist Yellowstone County with the development of a planned industrial space along the Billings Bypass north of Lockwood. Current efforts include the extension of water and sewer infrastructure to that area.ThrivingPartnership with the Native American Development Corporation and Seventh Generation Intertribal Center on a US Communities Grant inclusive community. Hosted Lets Talk Cultural Conversation which brought together many community partners to discussNEW BUSINESSDepartment of Transportation Thriving Communities technical assistance grant to develop a plan for a more welcoming and N I E S A D V I S U B G & L I S S E N bridging cultural divisions.Tax Abatement BSED administers the Tax Abatement program for Yellowstone County and the City of Billings, completing three new real property tax abatements and six new manufacturing equipment tax abatements in fiscal year 2024.SSBCI BSED secured $530,000 in State Small Business Credit Initiative (SSBCI) funding to provide loans to area businesses. 11 BIG SKY ECONOMIC DEVELOPMENT BIGSKYECONOMICDEVELOPMENT.ORG'