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Aligning Plans and Resources

Several federal agencies require communities to establish collaborative, data-driven community planning processes to receive federal program resources. An EDA comprehensive economic development strategy (CEDS) provides a roadmap that local and regional stakeholders can use to coordinate priorities and resource investments toward a local vision for strong, resilient economies. The EDA CEDS Guidelines provide sufficient flexibility for the resulting plan to align with or even satisfy the strategic planning requirements of other federal programs.

BENEFITS OF STRATEGIC PLAN ALIGNMENT

In support of local and regional capacity to effectively leverage and invest multiple federal program resources, EDA’s EDI team partnered with the U.S. Department of Housing and Urban Development (HUD) Office of Community Planning and Development (CPD) to develop quick reference materials that communities, regions, and states can use to coordinate their planning processes so as to satisfy the criteria of both agencies. The added value of streamlined strategic planning processes includes:

  • Reduce Administrative Burden: Local and regional strategic planning partners and stakeholders can save time and resources by co-leveraging their respective planning processes and aligning their strategic priorities and objectives.
  • Enhance Collaboration: introduce and incorporate new perspectives and methods.
  • Optimize Investments: Leverage collective capacity to address complex challenges.

REDUCED ADMINISTRATIVE BURDEN

These guides encourage and incentivize EDA Comprehensive Economic Development Strategy (CEDS) and HUD Consolidated Plan grantees to coordinate their planning processes to satisfy the planning requirements of both agencies.

By choosing this path, local and regional governments and their community and economic development partners expend fewer resources on administering processes, leaving more time and energy to plan for and invest multiple federal resources in support of effective, comprehensive solutions.

ENHANCED COLLABORATION

Undertaking coordinated, multi-purpose strategic planning requires direct partnerships between local and regional practitioners and stakeholders. The EDA-HUD joint guidance encourages each agency’s grantees and their partners to collaboratively establish strategic plans that reflect local and regional economic and community development needs and opportunities, and optimize the investment of federal, state, and local resources in sustainable, innovative projects.

OPTIMIZED INVESTMENTS

Local and regional strategic planning partnerships enhance the capacity of participating EDA and HUD grantees to make strategic investments that generate and sustain multiple benefits for their communities and regions. This form of collaboration ensures that projects previously designed and implemented under separate processes are implemented together as complementary components of a broader strategic vision. This approach can produce outcomes that are more robust and beneficial than if the projects were developed and implemented separately.

PLAN ALIGNMENT PARTNERS AND RESOURCES

The following linked webpages provide more information about communities and regions that have aligned a CEDS with regional plans for rural development, hazard mitigation, transportation, and other aspects of regional economic development.

Contact EDA headquarters with questions about Economic Development Integration at the following email address: edi@eda.gov.

For information about how your community or region can request Economic Development Integration assistance from EDA, contact your Regional Economic Development Integrator.

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