Even if you do not understand or pursue grant proposals, it can be beneficial to be aware of when any involving real estate related projects are approved (or, in some cases, up for approval) because of the opportunities they may bring. The article linked below details a government grant for Galveston Harbor in Texas which will encourage and benefit visitors, whether for business purposes or not.
By attracting more visitors, they will need places to eat and various other services which may not currently be in place. Those become opportunities for investors, brokers, lenders, contractors, and eventually for employees. Knowing what and when it's coming can be the difference of being "first in" on an opportunity. You also may know of someone that could apply for the grant and may not be aware of such an opportunity if not for you bringing it to their attention.
The current highly competitive market makes it more important than ever to create opportunities which could benefit you, your team, and/or your client(s).
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