Fruitvale is a non-profit Type B Development Corporation. The purpose of the Fruitvale Economic Development Corporation (FEDC) is to promote, assist, and enhance economic development in compliance with the provisions of law, with focus on:
- Business retention, expansion, and attraction to create, expand or retain primary jobs;
- Development, improvement and maintenance of a positive business environment;
- Support of community development initiatives that directly benefit business objectives;
- Promote and encourage employment, and the public welfare of, for, and on the behalf of the City and for parks, auditoriums, learning centre, open space improvements, athletic and exhibition facilities, and other related improvements.
The FEDC will have a Board of Directors of seven (7) persons appointed by the City Council.
As this board newly formed in 2019, more info pending on agendas, and goals for improvements.