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What is a CEDS?. A Comprehensive Economic Development Strategy (CEDS) is a regional strategy which reflects local economic development needs and priorities and recommends a regional approach to achieving sustainable economic development.. Why develop a CEDS? . A CEDS is required to qualify for Economic Development Administration (EDA) assistance under its public works, economic adjustment, and most planning programs, and is a prerequisite for designation by EDA as an Economic Development Distric140

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