Economic Development Corporation

Members of EDC Board (L to R): Stephanie Timmer, Carrie Troyer,  Rodney Dragicevich, Tom Stanek, Zach Morris, Commissioner Paul Schincariol, Commissioner Kurt Doroh, Daywi Cook, Commissioner Randy Peat, and Mike Toth. 

About the EDC

The primary function of the Economic Development Corporation (EDC)  is to oversee the County's Revolving Loan Fund (RLF) program. Additionally, the Economic Development Corporation receives updates on economic development efforts and supports such efforts as appropriate. 

The EDC is appointed by the Board of Commissioners. There are ten (10) members of the EDC board; eight (8) are appointed and two (2) seats are reserved for County Commissioners. Appointed board members serve terms that are six (6) years long.

General questions related to the Economic Development Corporation can be directed to Julia Wall at [email protected]. 

About the RLF

The Revolving Loan Fund (RFL) is a program that offers financing for eligible projects led by local businesses and municipalities. Eligible uses of the fund are determined by standards set by the Michigan Economic Development Corporation (MEDC) and the U.S. Department of Housing and Urban Development (HUD). 

Generally, eligible projects must do one of the following: (1) benefit low- to moderate-income people (usually through the creation of jobs), (2) aid in the prevention or elimination of slum or blight, (3) address emergent community needs. For more information, review the RLF Overview (PDF).

The fund is self-replenishing, as principal and interest payments made on loans issued are returned to the RLF and  utilized again to make additional loans. The program is managed through a partnership between the County and Market Van Buren.

Questions regarding the RLF program and project eligibility can be directed to Sarah Snoeyink at [email protected] or 269-215-4931.