FATE, TX (September 19, 2021) – The Southern Economic Development Council (SEDC) has announced the recipients of its annual Community Economic Development Awards (CEDA). The City of Fate, Texas entry was the winner in the communities of 5,001 to 15,000 residents category. The winners were recognized at an awards luncheon held in their honor on Monday, August 16, at the SEDC Annual Conference in Tampa, Florida.
“Each year, SEDC recognizes southern communities that set the standard in communications and demonstrate their many strengths. In 2021, we once again proudly recognized these communities by selecting them as CEDA award winners. Congratulations to all who participated and who were ultimately recognized for this remarkable achievement. The Traditional American South remains strong in attracting and retaining jobs through your diligence. said Bob Helton, President of SEDC for 2021.
The projects / programs submitted were recognized in the categories of Business Retention and Expansion, Business Recruitment, Community Development and Community Engagement. Applications were assessed on the basis of their innovative character, transferability, community engagement and leverage, measured objectives and secondary benefits.
The City of Fate, Texas won the award for The Villages at Fate, which has a direct impact on the community as a new anchor for the revitalized downtown. With the increase in property value and new sales taxes, as well as the jobs created by new businesses renting out space, this project is the most productive development in the City from a tax standpoint.
The CEDA program not only recognizes excellence, but enables SEDC to promote successful and proven programs that can be shared with other communities, ”said SEDC President Gene Stinson. “We research and promote reproducibility as a key measure of success. “
SEDC is the oldest and largest regional economic development association in North America, with over 860 members representing a variety of backgrounds. From local, regional and state economic development agencies, chambers of commerce, business and industry, utilities, transport, finance and education, members share a common interest: the promotion and valuation of the profession of economic development. To learn more about SEDC, visit sedc.org.
Press release submitted by Cité du destin, edited for publication in Blue Ribbon News.
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