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Sherburne County backs Initiative Foundation to host regional economic development district application to federal EDA
Summary
The board approved a resolution supporting the Initiative Foundation as host for a multi-county economic development district application to the U.S. EDA, which would expand access to federal economic-development grant programs.
Sherburne County commissioners voted to support an application by the Initiative Foundation to form a regional economic development district (EDD) with Benton, Sherburne, Stearns and Wright counties and to submit that application to the U.S. Economic Development Administration.
Dan (county staff) described the benefit of forming an EDD: counties inside an EDD have access to additional federal economic-development funding streams. The…
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