The Updated CEDS Report was presented on November 23, 2020 to the SFRPC Councilmembers and approved accordingly.
Mark Cassidy, MRP, SFRPC, Economic Development and GIS / Data Coordinator gave a presentation on the update of the South Florida Comprehensive Economic Development Strategy 2017-2022 (CEDS) Annual Report. He explained that the Annual Report and update incorporated the most recent data available for Asset Limited Income Constrained Employed (ALICE) households, unemployment rates, job loss, key economic indicators, poverty, educational attainment, and transportation modes. This Annual Update included the 2019 Sea-Level Rise Unified Projections of the Southeast Florida Regional Climate Change Compact and compared the economic progress achieved related to the CEDS before and after the ongoing economic shock of COVID-19. It also provided a preliminary analysis of the region’s designed Opportunity Zones and surrounding major economic development assets.
Councilmember Furr moved to approve Agenda Item IV.E EDA CEDS Annual Report and Update. Councilmember Ross seconded the motion, which carried by a unanimous vote.