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Crater Economic Development District (EDD) & CEDS

In 1985, the Crater Planning District Commission was formally designated as an economic development district by the U.S. Economic Development Administration (EDA). The Economic Development Administration provides grants for infrastructure development, local capacity building, and business development to help communities alleviate conditions of substantial and persistent unemployment and underemployment in economically distressed areas and regions.

Since 1985 the Crater Commission serving as the economic development district for the Crater region has received planning funds from EDA to assist communities build capacity to focus on long-term economic challenges. The Crater EDD also serves as the coordinating entity for various other Federal and state programs.

The Crater EDD has helped to implement the following EDA-sponsored projects since its designation:

EDA Sponored Project Listings & Pictures

CEDS - Comprehensive Economic Development Strategy

The Crater EDD has developed and maintains a comprehensive economic development strategy (CEDS). The CEDS is the result of a planning process designed to help guide the economic growth within the Crater region.

The current 2009 Five-Year CEDS document outlines a vision and plan of action, including suggested projects to help implement the goals of the CEDS strategy. It reflects local economic development needs and priorities, as well as recommended regional approaches to achieve sustainable economic development within the Crater Planning District

The 2010 CEDS Annual Report reflects the continued and growing collaboration of the CEDS Committee, the District staff, the public at-large, and the ultimate approval of the Crater Planning District Commission.

Other information pertaining to the 2010 CEDS Update is available here:

    1. 2010-2011 Project Criteria
    2. 2010-2011 Project Priority List
    3. CEDS Funding Sources

Know Your Region
Much of the data from the 2009 CEDS has been updated for the 2010 CEDS Annual Report. That data is available below.

Population Estimates for the Crater District

Comparison of Population Growth Rates, 1991-2009

Population Change

Crater District & VA: Percent Change by Age Cohort, 2000-2008

Racial Composition, 2000 & 2008

2008 Median Household Income

Per Capita Personal Income, 2003-2008

Annual Unemployment Rates

Unemployment Rate Trends

Industry Clusters for Crater VA PDC as of 2009 Q3

Gross Domestic Product, 2001-2008

Taxable Sales, 2004-2009

Average Weekly Wages

Chronic Disease Factors

 

CPDC