Regional Economic Development Partnership

The Regional Economic Development Partnership or REDP was initiated in January, 1997 and has three primary purposes:

  • To assist the Region's municipalities in conducting economic development planning as a component of overall master planning;

  • To support the Commission's Economic Development Advisory Committee to serve as a forum for coordination and dialogue; and

  • To conduct studies of the Southwest Region with focus on trends and analyses pertaining to economic development characteristics of the Region.

Comprising the REDP is the New Hampshire Community Development Finance Authority (CDFA); the  economic development corporation serving the Southwest Region - Monadnock Economic Development Corporation (MEDC)  and the Southwest Region Planning Commission (SWRPC). Through the resources provided by these agencies, communities are able to focus on economic development planning as an integral part of their future.

 

How the Program Works:

Dialogue is established between municipalities interested and concerned about the future of their community and economic development and the Planning Commission. A process is designed between the municipality and the Planning Commission that will focus on the needs of the municipality and develop an Economic Development Plan for the municipality. A primary portion of this process is involvement from the citizens and organizations of the community. In addition, an economic data base and analyses is completed for the community. The process takes approximately one year to complete and the final product will contain goals, long and short term, accompanied by recommendations as to how the community may achieve these goals. Financial support is provided to assist municipalities in funding for the Economic Development Plan.

 

Links:

Tax Increment Finance Districts - An Overview

 

NH Association of Realtors Home Sales Statistics

 

Other Information:

Arts & Economic Prosperity IV Survey