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Redwood Region RISE Awarded $14 Million in Catalyst Pre-Development Funding Through California Jobs First
March 19, 2024
Redwood Region RISE (Resilient Inclusive Sustainable Economy), the community-led, regional collaborative working to create quality jobs, has officially been awarded $14 million in Catalyst pre-development funding. As one of the 13 “California Jobs First” regions–and especially as a rural region comprising Tribal Lands and Del Norte, Humboldt, Lake, and Mendocino Counties–the Catalyst funding will help us bridge the gap between planning and implementing our regional economic development strategies and investments. These funds will enable the Redwood Region to develop ready-to-go projects that can compete for funding opportunities from federal, state, and private sources.
“For rural and under-capitalized regions like ours, getting projects ready for implementation is often held up by the expense and workload of the pre-development phase. After a year of figuring out our planning and governance structure for Redwood Region RISE, this next phase will be where the rubber hits the road and we start to move some funding to those projects that will have the best chance to receive implementation funds from the state, or that will be attractive to other funding agencies.”
— Susan Seaman, Program Director, AEDC (RRRISE’s Fiscal Agent)