What is Community Economic Development?
Community Economic Development (CED) or Local Economic Development (LED) is a community-driven process where communities identify and initiate their own solutions to economic, social, and environmental issues to build healthy, economically viable communities. CED contains principles and goals based on a grassroots approach to development where communities choose deliberate actions to influence the local economy and improve the quality of life for its residents.
To help the community prepare and maintain a development strategy. These plans will document short and long-term perspectives that will fit with the planning processes.