No-Cost Economic Development Conveyance (EDC) Policy Guidance
The ability for the DoD to transfer property to Local Redevelopment Authorities (LRAs) for consideration at or below estimated fair market value to spur economic redevelopment and growth is called Economic Development Conveyance. This memo outlines the policies for the conveyance of real and personal property and the modification of existing EDC agreements under the no-cost EDC authority.
|Filename||No-Cost EDC Policy Guidance|
|Published on||Monday Oct 19, 2009|