Congressmen Chris Gibson (NY-20) and Bill Owens (NY-23) announced today that Lake Champlain/Lake George Regional Planning Board received a grant award from the U.S. Department of Commerce. The grant, administered through the Economic Development Authority, will establish an economic development planning framework that supports private capital investment and job creation in the region. The grant is for $60,000, which is 50 percent of the cost of the planning investment.
"This funding comes at a critical moment as the North Country continues down the path of economic recovery," Owens said. "I am pleased to see funds allocated to support private capital investment and job creation."
"As every New Yorker knows, growing our economy to create jobs is absolutely essential. This is particularly true in the North Country, and this grant will give our regional planning board the resources to develop a strategy to foster private investment in our region," said Congressman Gibson. "While the federal government cannot create jobs, we can remove the impediments to growth and help make our region attractive to private job creators. I look forward to continuing to work with Congressman Owens on initiatives that will benefit the North Country."
The Economic Development Authority grant supports the development and implementation of a comprehensive economic development strategy (CEDS) in the region served by the Lake George-Lake Champlain Regional Planning Board, which comprises Clinton, Essex, Hamilton, Washington, and Warren counties. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.