Rural Economic Development Initiative (Watch)

Rural Economic Development Initiative (Watch)

SB 170 (Grimsley) revises the intent and direction of the current Rural Economic Development Initiative (REDI) by expanding the definition of “rural area of opportunity” and including specific goals for qualifying projects. Specific goals include job creation, improving community infrastructure and access to healthcare, and the development and growth of a skilled workforce. The bill amends the membership of the REDI Board of Directors, and requires submission of an annual report to the Legislature that includes descriptions of all project operations and any major accomplishments. (Cook)