Driving Economic Expansion
Comprehensive Economic Development Strategy
A Comprehensive Economic Development Strategy (CEDS) is a tool through which the region examines its capacities and resources and encourages regional collaboration between the public and private sectors to build a plan for economic development.
The CEDS provides a large-scale detailed look at the ongoing plans on future economic development in the Big Country, as well as providing key data points relating to population size and growth projections, job and wage information, and more.
Census Maps For Included Districts
Revolving Loan Program
The West Central Texas COG locally operates USDA small business loan funds for approved small and emerging rural businesses in the region. The intent is not to compete with local banks but to be a resource for lenders who may not be able to approve funding to higher risk clients. West Central Texas COG undertakes this program to promote economic development and job creation projects. The loans can provide funding for equipment, working capital, real estate, or inventory. All loans are approved through a loan review committee. Borrower is responsible for paying all closing costs, attorney and filing fees.
- Flexible Terms
- Fixed Rate
- Minimum 580 credit score
- Collateral Based 1:1 Ration of Collateral to Loan
For more information and to receive an application contact our office 325-672-0495
Community Development Block Grant
The Community and Economic Development Department assists the Texas Department of Agriculture (TDA) with the implementation of the Texas Community Development Block Grant Program (TXCDBG) in the WCTCOG region. Under this program, WCTCOG provides local community development planning as well as grant writing and administration. One of the most important areas of the program is the Community Development Block Grant Program (CDBG).
The objective of the TXCDBG program is the development of viable communities by providing public infrastructure, suitable living environments, and expanding economic opportunities, principally for persons of low and moderate income. Community Development Block Grants (CDBG) are available to eligible units of local government.
Annually, each of the 24 planning regions in the state receive a formula-based allocation of funds for which applicants can compete.