Thomas P. Miller & Associates (TPMA) today announced it has partnered with the Golden State Financing Authority (GSFA) as their strategic consultant to provide extensive planning in the update of the region’s Comprehensive Economic Development Strategy (CEDS). The plan will cover the counties of Inyo, Mono, and Alpine and is an important milestone in GSFA’s mission of contributing to the social and economic well-being of California residents.
The CEDS update process, which is already underway, will run through April 2023 and include a background of the economic conditions of the region, an in-depth analysis of regional strengths and opportunities, a strategic action plan, and performance measures to evaluate the organization’s implementation of the CEDS and impact on the regional economy.
This regional CEDS is being driven by a steering committee with economic development representatives from Alpine, Inyo, and Mono Counties. Citizens of the three counties are encouraged to participate in the upcoming stakeholder engagement sessions. These engagements create an opportunity for stakeholders to provide input into the strategic direction and action plan by addressing regional Strengths, Weaknesses, Opportunities, and Threats.
“As the three counties continue to thrive, this CEDS initiative will provide a strategy-driven approach, designed to guide the economic prosperity and resiliency of the Eastern Sierra region. Our team looks forward to serving this region and its stakeholders, celebrating community successes along the way” says Kaycee Bunch, Senior Consultant at TPMA.
“GSFA is excited to partner with TPMA to update these plans for four of our rural member counties and we are grateful to the US Department of Commerce Economic Development Administration for providing the grant funds to make this work possible,” said GSFA Board Chair and Merced County Supervisor Daron McDaniel. “The CEDS plans created will serve as an important tool in advancing economic development and broadband deployment throughout these communities for years to come.”
GSFA is a California Joint Powers Authority and a duly constituted public entity and agency that was established in 1993. It is governed by a Board of Directors that is comprised of an elected member of the Boards of Supervisors from each of its 39 member counties. GSFA structures, develops, and administers programs that create community resiliency through home ownership, community and economic development, and infrastructure investment.