EDC News
Ever wonder exactly what you’re paying for?
Jun10
The rising cost of energy is straining a lot of Southern California households. At SDG&E, we hear your concerns and fully understand the difficulties of the situation. Having a better grasp of what goes into your bills may not ease the burden of paying them. But as our customer, you deserve to know what you are paying for, why and have more information about future decisions that can impact energy pricing. Please visit our Partner
Port of San Diego and City of Chula Vista Announce Successful Funding of Chula Vista Bayfront, Completion of $275 Million Bond Financing Transaction
Jun10
The Port of San Diego and the City of Chula Vista have successfully secured $275 million in public bond funding for construction on the Chula Vista Bayfront, enabling the flagship Gaylord Pacific Resort and Convention Center project to break ground. Officials from the Port and the City gathered at Bayside Park on June 2, 2022 to announce the close of escrow for the complex bond funding transaction. It has taken decades to make the catalyst
Opportunities Exposed and Connections made at SCEDC Inaugural Binational Forum
Jun02
On June 1, 2022 South County Economic Development Council hosted a Binational Forum at Southwestern College Performing Arts Center. The event hosted a variety of public officials, civic, business and community leaders to discuss hot topics of Binational Economy, Trade, Mobility and Border. In the end many opportunities were unfolded and connections made! Thank you to all our sponsors and people who attended this amazing event! We hope to see you there next year! More
U.S. Bancorp announces $100 billion community benefits plan
May19
Five-year plan focuses on supporting equitable access to capital for low- and moderate- income communities and communities of color. U.S. Bancorp (NYSE: USB) today announced a five-year community benefits plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), as part of the planned acquisition of MUFG Union Bank. The CBP continues and expands the important work underway by both organizations to build and support equitable access to