The Comprehensive Economic Development Strategy (CEDS)
The Comprehensive Economic Development Strategy (CEDS) for the Tri County Economic Development District (TEDD) represents a combined multi-county (Ferry, Pend Oreille and Stevens County) effort to bring economic improvement to the area. The CEDS summarizes the area’s economy, provides geographic and demographic information, identifies potentials and constraints with development and outlines specific goals to improve economic development throughout the district.
The CEDS planning process is the result of work of the CEDS Committee comprised of members from all three member counties representing local government and private business, as well as agriculture. The CEDS process results in a five-year strategic plan for regional economic development that is updated annually. The report is submitted to the U.S. Economic Development Administration for review and approval. Once the CEDS report is approved, the region may apply to receive funding assistance for public works and planning projects related to economic development.