Comprehensive Economic Development Strategy (CEDS)

The Hudson Valley Regional Council (HVRC) receives grant funding from the US Department of Commerce Economic Development Administration (EDA) through their Partnership Planning program (2019-2022). This funding requires the development of a Comprehensive Economic Development Strategy (CEDS) for the region every five years, with annual updates in between. The report allows the EDA to assess the needs of the country and prioritize areas where federal dollars should be invested to create or retain jobs.  A new five-year CEDS will be completed and available for the region in 2019. The seven-county Mid-Hudson region is also designated as an Economic Development District (EDD) and as such is eligible for additional consideration for funding opportunities. The staff at HVRC assist municipalities and eligible entities throughout the region with the application process for EDA’s various grant offerings.