KLAMATH, LAKE COUNTIES TO RECEIVE $225,000 FOR ECONOMIC DEVELOPMENT

Wednesday, June 7, 2023

By:  Damien Alvarado

KDRV

The South Central Oregon Economic Development District (SCOEDD) is going to receive $225,000 from the Economic Development Administration. Oregon U.S. Senators Ron Wyden and Jeff Merkley announced in a press release that the funds will help with development planning in Klamath and Lake Counties.

According to the release from Wyden and Merkley, they both share they are working hard towards supporting resilient lasting economic growth and understand it is crucial for the success of rural communities across Oregon.

“These federal dollars will provide a targeted investment for the great work by the South Central Oregon Economic Development District to support Klamath and Lake counties so these rural communities can thrive no matter the circumstances,” Wyden said in the release.

The SCOEDD plans on using the federal funds towards a $450,000 project to establish an economic development strategy that supports private capital investment and job creation in south central Oregon, the release said.

“This funding will help set Klamath and Lake Counties up for continued economic development, and I will keep working to support local economies in every corner of the state,” Merkley said in the release.

The release said the process is designed to help bring together the public and private sectors, which helps support economic development, promote job growth and increase private investment to help diversify and strengthen the regional economy.