Wednesday, September 13, 2006
Michael Shore, MEDC
Planning Project Awarded $40,500 Funding
LakeCountyto help develop a plan to bring new investment and jobs to the area. The grant is being made available by the Michigan Economic Development Corporation with funds provided by the federal Community Development Block Grant program.An MEDC representative presented a ceremonial check to local officials at a celebration event in Baldwin this morning. The county has also been awarded $24,500 for the study from the federal Economic Development Administration (EDA) in the U.S. Department of Commerce.
The Lake County Board, in discussion with the West Michigan Shoreline Regional Development Commission, has identified two major lines of development: Construction of a satellite skills training center and promotion of local tourism and recreation resources. The planning project, to have a one-year term, will explore the feasibility of establishing a skills training center and in addition identify infrastructure improvements required to support further tourism and recreation activity.
community development and housing projects. Larger communities receive block grant funds directly from the federal government.
The MEDC is able to award approximately $40 million in federal CDBG funds each year. There are 1,655 local governments within the state eligible to apply for these funds. Projects are approved contingent upon compliance with state and federal requirements.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For more information on MEDC initiatives and programs, visit the Web site at www.michigan.org.
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