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AGENDA ECONOMIC DEVELOPMENT AUTHORITY JUNE 7, 20211.CALL TO ORDER2.CONSENT ITEMS A. Minutes April 5, 2021Motion by seconded by t o approve, table or deny the Consent Items as presented.3.REGULAR ITEMS
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Anyone who is interested in economic development or seeking financial assistance for their business or community projects may need the services provided by the EDA (Economic Development Administration) under the US Department of Commerce.
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The Economic Development Administration (EDA) is an agency within the U.S. Department of Commerce that works to create economic opportunities in distressed communities.
Local governments, non-profit organizations, and other eligible entities are required to file for assistance from the EDA.
The process involves submitting an application detailing the proposed project, expected outcomes, and budget information.
The purpose is to promote economic growth in areas facing economic distress through grants and technical assistance.
Information such as project scope, budget details, expected outcomes, and community impact is typically required to be reported.
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