In addition to their designation as Economic Development Districts, the four organizations I have mentioned carry out many other important functions as regional planning commissions and councils of government. These multiple roles are necessary to effectively serve the needs of rural areas. Thus, these organizations have developed a wealth of expertise in serving the needs of rural communities and bring resources that individual small towns typically do not possess. Can the distinguished chairman clarify the manner in which the expertise and resources these organizations can be tapped in establishing a CDFI?
George Mitchell: “In addition to their designation as Economic Development Districts, the four organizations I have mentioned carry out…”
Editor's note · Context
Discussing the roles of organizations in rural economic development and seeking clarification on their expertise.
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