Projects – GEDC

Our Projects

We provide independent advice based on established research methods, and our experts have in-depth sector knowledge.

We help clients find ways to turn everyday information into actionable insights by embedding economics across their organization’s strategy, operations, and systems.

Programmatic Strategic Directions

Establishment of a ‘Financial Opportunity Center’ — in partnership with other organizations will be up and running and located in Goldensword Economic Development Corporation serving Westchester & Dutchess County. The financial opportunity center model is an integrated service model with goals of helping families address common barriers to economic security by decreasing debt, increasing credit scores and increasing income and assets. It may include financial literacy, rental and homeownership workshops; individualized financial coaching; financial planning; income supports; job readiness training; career planning; and partnerships with job training sites.

Pre- and post-purchase and foreclosure prevention counseling will expand to include residents of Westchester County and other communities in Dutchess County not currently served.

Goldensword Economic Development will have increased financial support for the program to facilitate the expansion.

Goldensword Economic Development will explore expanding its economic development program in partnership with other CDC’s. This expansion, while important, will be developed in year two or three allowing Goldensword Economic Development to focus on other priorities in year one, while exploring funding opportunities and refining the structure for this expansion.

Projected outcomes for year two to three include: a well-integrated and expanded program that focuses on small and medium sized business owners and managers and provides educational workshops, individual coaching, and networking opportunities.