Economic Development Corporation

About

The Economic Development Corporation (EDC) helps bring new business to Grand Rapids, and helps existing businesses in Grand Rapids expand. They allow us to provide certain support services and incentives, such as tax exempt bonds.


Annual Activity Synopsis

In 2020, the Economic Development Corporation assisted with the financing of the Beacon Hill at Eastgate senior living facility, and supported four business expansion projects that will result in commitments of over $28 million of private investment, 65 new jobs, and 167 new housing units.


Meetings

You can find information on the EDC’s meeting schedule, current board members, minutes, and past agendas at their meeting portal page.


Current Board Members

  • Guillermo Cisneros, Chair (Term Ends: 01/01/2024) 
  • Lynn Rabaut, Vice-Chair (Term Ends: 01/05/2027) 
  • Kristine Bersche, Secretary (Term Ends: 01/01/2024) 
  • Troy Butler, Treasurer (Term Ends: 01/05/2026) 
  • Nathaniel Moody, Commissioner (Term Ends: 01/01/2024) 
  • Dan Barcheski (Term Ends: 01/05/2026)
  • Kim McLaughlin (Term Ends: 01/01/2024)
  • Micah Perkins (Term Ends: 01/05/2026)
  • John Van Fossen (Term Ends: 01/05/2027)
  • Joshua Verhulst (Term Ends: 01/01/2024)

Budgets