Economic Fuel | Community Partner - RREDC
 


 

Redwood Region Economic
Development Commission


 

 

Address: 520 E Street
Eureka, CA 95501
Phone: 707.445.9651
Website: www.rredc.com
 


Who We Are

The Redwood Region Economic Development Commission is a collaboration of Humboldt County communities dedicated to the ongoing implementation of the Comprehensive Economic Development Strategy, Prosperity!

Our Mission

Our mission is to support countywide economic development by expanding the opportunities for capital available to local businesses and organizations, providing leadership in regional policy and program development, and adding economic development capacity to local agencies and organizations.

Our History

RREDC was formed in 1977 to create a countywide economic development strategy and to make decisions on the allocation of grant funds given to the County as economic mitigation for the expansion of Redwood National Park.  The Commission allocated over $10 million in mitigation dollars for a variety of public projects including the Arcata/Eureka Airport Terminal Building, the Fields Landing Boat Building and Repair Yard, and the Aldergrove Industrial Park.

In addition, RREDC created Humboldt County's first economic development revolving loan fund.  To date, this fund has made over $15 million in loans to local small businesses. RREDC makes loans to businesses that do not qualify for traditional financing.  Interest from the loan program funds RREDC's operations and adds to the funds available for lending.  RREDC receives no outside financial support for its operations.