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: 1/1/2024

Lynn Rabaut (Vice Chair)

Term Ends: 1/5/2027

Kristine Bersche (Secretary)

Term Ends: 1/1/2024

Troy Butler (Treasurer)

Term Ends: 1/5/2026

Nathaniel Moody (Commissioner)

Term Ends: 1/1/2024

Kim McLaughlin

Term Ends: 1/1/2024

Micah Perkins

Term Ends: 1/5/2026

John VanFossen

Term Ends: 1/5/2027

Joshua Verhulst

Term Ends: 1/1/2024


Budgets