The Regional Commission adopted a new Comprehensive Economic Development Strategy at its June meeting. The CEDS is a regional strategy which reflects local economic development needs and priorities and is designed to diversify and strengthen the regional economy.
The CEDS Strategy Committee continued to incorporate a series of familiarization tours in FY19-20. These events give members an opportunity to visit localities throughout the region and included a tour of downtown Vinton to see the progress that has been made on the town’s downtown revitalization that was partially funded by a VA DHCD CDBG grant.
Additions to the 2020 CEDS included a rewrite of workforce training section by Virginia Career Works Blue Ridge Region, the new Virginia Mountains region tourism brand, and The Gauntlet comprehensive business development program, updated demographics with new data from JobsEQ, an updated SWOT analysis and Goals & Strategies, new projects highlighting inter-muncipal cooperation (Roanoke Valley Housing Study, Alleghany/ Covington Revenue Sharing Agreement, Western Virginia Regional Industrial Facilities Authority, and Regional Career and Technical Education Study), updated Project Package listing, a GO Virginia section, and an Opportunity Zone summary.
Persons wishing to review the plan may access it on the Regional Commission’s website at
http://rvarc.org/CEDS
. For more information on the plan, contact Director of Community Development Programs at
ewells@rvarc.org
.