REDI is a 25-year economic development plan
REDI Goals
- Diversify the economy
- Develop a high-quality workforce
- Increase the number of higher-paying jobs
- Retain and attract youth and families
- Make rural communities vibrant
Accomplishments: 6 months to date
1.Public Policy
LEDA Amended in 2009, allowing local governments to dedicate up to 10% of annual general fund expenditures on ED projects
2. Private Sector Partnerships
LANL, in-kind sponsor of Technology Cluster Strategy ($20,000 value)
New Mexico Technology Council (Technology Cluster Strategy)
Kit Carson and Jemez Electric Cooperatives (Regional Broadband)
3. Funding Leverage: $105K received, $81.5M pending from investment to date
$74 million in pending broadband applications
$7.5 million in pending DOL applications for Green Jobs
$50,000 obtained from USDA Rural Business Opportunity Grant for Value-Added Agriculture Cluster Study and Rural ED Services
$40,000 obtained from DFA to fund Rio Arriba County Broadband Assessment
$15,000 from local governments for regional broadband planning efforts (does not include individual studies)
extracted from- State of the Region overview -
REDI has prepared econometric data available to the public.
Download the powerpoint documents by clicking on the titles:
- State of the Region overview -
- State of the Region Report card -