New Haven, CT (PRWEB) December 13, 2011
Effective December 2, 2011, South Central Connecticut received the first EDD designation in the State of Connecticut. In his approval letter, Assistant Secretary of Commerce for Economic Development John R. Fernandez expressed confidence in the region’s ability to implement programs to support and grow the region’s economy. He wrote, “I trust that the designation will lead to success in attracting private capital investment and the creation of new and higher-skill, higher-wage job opportunities to the South Central Connecticut region.”
The fifteen communities included in the designation are Bethany, Branford, East Haven, Guilford, Hamden, Madison, Meriden, Milford, New Haven, North Branford, North Haven, Orange, Wallingford, West Haven and Woodbridge.
“I am very pleased that the Economic Development Administration (EDA) has designated the South Central Connecticut Regional Economic Development Corporation as an EDA Economic Development District. This designation will enable the region to utilize EDA funds to make smart, targeted investments in our local economy to create jobs now and in the long-term. I have worked to ensure that this designation was secured, and am glad to see it become reality,” said U.S. Representative Rosa DeLauro.
“The designation will provide essential support for the region’s economic development programs. To create jobs, we need the flexibility to utilize federal funding throughout the region, not just in the economically distressed cities” said Ginny Kozlowski, Executive Director of REX Development. “Implementation of the CEDS will have a significant impact on the economic vitality of our community.”
With the EDD designation, the region will be eligible for additional federal assistance, including on-going planning grants, advice on the use of EDA opportunities and other federal expertise, as well as assistance in obtaining other federal funding sources for the implementation of the region’s Comprehensive Economic Development Strategy (CEDS).
A summary of the 2008 CEDS, as well as the full document, is available for download at http://www.rexdevelopment.org.