26 Feb 2025
🏗️Notice on Comprehensive Economic Development Strategies (CEDS)
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Comprehensive Economic Development Strategies (CEDS)
Summary
The Department of Commerce is seeking public comments on an information collection request related to Comprehensive Economic Development Strategies (CEDS) that are essential for regions to qualify for certain EDA investment programs. The CEDS is a strategic plan needed for funding and regional designation as an Economic Development District.
Agencies
- Commerce Department
- Economic Development Administration
Business Impact
$$ - Med
The notice indicates the requirement for a Comprehensive Economic Development Strategy (CEDS) for eligibility in EDA investment assistance programs. Thus, it impacts cities and organizations seeking financial aid for economic development projects.