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.
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.
You can find information on the EDC’s meeting schedule, current board members, minutes, and past agendas at their meeting portal page.
Term Ends: 1/1/2024
Term Ends: 1/5/2027
Term Ends: 1/5/2026