The Economic Development Administration (EDA) was established under the Public Works and Economic Development Act of 1965 (42 U.S.C. § 3121), as amended, to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas of the United States. EDA assistance is available to rural and urban areas of the Nation experiencing high unemployment, low income, or other severe economic distress. In fulfilling its mission, EDA is guided by the basic principle that distressed communities must be empowered to develop and implement their own economic development and revitalization strategies. Based on these locally- and regionally-developed priorities, EDA works in partnership with state and local governments, regional economic development districts, public and private nonprofit organizations, and Indian tribes. EDA helps distressed communities address problems associated with long-term economic distress, as well as sudden and severe economic dislocations including recovering from the economic impacts of natural disasters, the closure of military installations and other Federal facilities, changing trade patterns, and the depletion of natural resources.
For more information on EDA grant opportunities, contact Rachelle Howe.
Some of the headlines you can read about this month:
Housing Program Meeting Being Held
Tuesday, May 19th at 11:00 a.m.
Oelwein Chamber and Area Development
25 West Charles, Oelwein, IA
Upper Explorerland Regional Planning Commission (UERPC) is hosting a meeting regarding housing programs that are available in Northeast Iowa. Guest speakers include Jeremy Babcock and Steve Benne with Iowa Economic Development Authority (IEDA), Jerry Floyd and Rita Eble from the Iowa Finance Authority (IFA) and Kathy Pfiffner from USDA.
Hot Topics include:
This meeting will be held on Tuesday, May 19, 2015 at 11:00 A.M. at the Oelwein Chamber and Area Development office at 25 West Charles Street, in Oelwein. If you are interested in attending this meeting or would like more information please contact Mary Huinker at 563-864-7551 ext. 111 or by emailing Lori Brockway at firstname.lastname@example.org.
Clayton County Development Group in Elkader the U.S. Small Business Administration (SBA) in Cedar Rapids and Upper Explorerland Regional Planning Commission in Decorah are holding an informational session on various sources of financing for start-up & existing businesses. SBA, a federal government agency devoted to assisting small & medium-sized businesses, will have a representative discussing business loan options, and Clayton County Development Group and Upper Explorerland Regional Planning Commission will have a representative discussing RLF funds available for businesses. The 1-1/2 hour session, including questions & answers, will take place on Tuesday, May 12th starting @ 5:30 PM at Clayton County Office Building at 600 Gunder Rd. in Elkader, Iowa. Register today to attend contact Darla Kelchen at 563-245-2201.
WHAT: Free informational session on sources of money for businesses
WHO: New/start-up and existing business owners/managers
WHEN: Tuesday, May 12th, 2015 starting @ 5:30PM & wrapping up by 7PM
WHERE: Clayton County Office Building 600 Gunder Rd. Elkader
Join Clayton County Development, Upper Explorerland Regional Planning Commission and SBA to learn more about the options available for financing your business. Also, discussed briefly will be government contracting opportunities and free counseling along with low cost training resources available for businesses. Get your questions answered. Register by contacting Darla at the CCDG office at 563-245-2201.
UERPC is seeking car bids for a 2007 Malibu, LS V6 package, 141,993 highway miles, grey, four-door, cloth interior, very clean. Minimum bid is $2,400.
Please submit sealed bids to Executive Director, Rachelle Howe, UERPC, 325 Washington Street, Decorah, IA 52101. Bids will be opened at 12:00 Noon on May 7th. You do not need to be present at opening of bids.