Foundations for Economic Success
January 21, 2025
The 2023-2024 fiscal year was a pivotal time for the Hondo Economic Development Corporation (EDC). With a clear focus on building the foundations for long-term economic success, the organization took significant steps to assess economic conditions, create a strategic plan, and implement initiatives that position Hondo for a prosperous future.
The process began with an in-depth evaluation of Hondo’s economic landscape. Through data analysis, stakeholder workshops, and community engagement, the EDC gained a comprehensive understanding of the city’s strengths, challenges, and opportunities. This assessment informed the creation of a forward-looking strategic plan, a roadmap designed to attract investment, support local businesses, and foster workforce development while preserving Hondo’s unique identity.