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Economic Development Pilot Projects

Program Background

The state has released the SFP for the Economic Development Pilot Projects program. This program will fund projects that align with the values of the Community Economic Resilience Fund (“CERF”) program, demonstrate potential uses of CERF implementation funds, and are part of a plan approved or adopted by a local or regional entity within the past five years.

The Pilot Projects program is occurring outside of the planning phase and do not require a letter of support from the Collaborative. Projects that are not eligible for pilot funding may still be eligible for funding as part of the CERF Planning Phase.

Valley Vision’s Role

As the manager of the Prosperity Strategy — our Comprehensive Economic Development Strategy for the counties of El Dorado, Placer, Sacramento, Sutter, Yolo, and Yuba — Valley Vision is sharing information regarding the Pilot Projects and encouraging those with eligible projects to apply. We are also drafting letters of support as requested for all eligible projects.

In December, Valley Vision submitted public comment in response to the initial framework released in November.

Regional Conversation

On January 27, 2023, Valley Vision hosted a regional conversation on the pilot projects to:

  • To provide an overview of the CERF Economic Development Pilot Projects program and eligibility requirements;
    • To provide clarification on the SFP and program guidelines;
    • To provide a space for information and knowledge sharing in order to strengthen and best position our region’s proposals;
    • To open avenues for potential collaboration.

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