Reports › BGR’s Letter Makes Recommendations on the Economic Development Fund

Feb 4, 2009

On Feb. 3, BGR sent a letter to Councilman Arnold Fielkow, Chairman of City Council’s Special Projects and Economic Development Committee, on the use and operation of the city’s Economic Development Fund. The letter recommends that the city abandon the current practice of directing grants to a handful of individual business ventures or nonprofit activities. Instead, it urges the city to use the EDF funds to fund economic development functions and initiatives that benefit multiple businesses.

Filed under: Economic Development and Subsidies, Orleans Parish