Perris Community Economic Development Corporation

The Perris Community Economic Development Corporation is a nonprofit organization dedicated to fostering economic growth and development in the City of Perris, California. This organization is the successor to the former Redevelopment Agency of the City of Perris and now operates as a division under the City's Development Services Department.

Mission and Objectives

The primary goals of the Perris Community Economic Development Corporation include the elimination of blight, enhancement of the economic base, and the attraction and retention of businesses in Perris. It achieves these objectives through strategies such as marketing, job training, and revitalizing existing properties. The corporation works closely with local government to create a business-friendly environment, assisting businesses and developers through entitlement and permitting processes, site selection, and other support needs.

Activities and Achievements

The corporation contributes to the city's economic vitality by supporting residential and commercial development projects. Perris is experiencing significant growth, with a projected population increase fueled by substantial residential developments and a thriving job market. The city benefits from over 25,000 employees in its high-volume job market and an additional 1,500 staff and faculty members in its local school districts, contributing to a dynamic economic landscape.

Financial Overview

As of the latest available financial data, the Perris Community Economic Development Corporation reported total revenues of approximately $200,227. This includes significant net rental income and investment income, reflecting its engagement in property management and financial investments to support its community development activities.

Governance and Leadership

The organization is guided by key personnel who oversee its operations and strategic planning. The City Manager plays a crucial role in shaping its development strategies, while other officials contribute to financial management and policy implementation.

Partnerships and Community Impact

The Perris Community Economic Development Corporation works in conjunction with the Riverside County Office of Economic Development to promote regional economic vitality and enhance quality of life for residents. This collaboration supports broader initiatives to foster entrepreneurship, innovation, and a thriving regional economy.

Overall, the Perris Community Economic Development Corporation plays a pivotal role in spearheading economic development initiatives in Perris, aligning with local, regional, and national trends in community revitalization and economic growth.