Jenna Wright: President of the Anchorage Economic Development Corporation discusses a sales tax & property tax relief

East Anchorage Book Club with Andrew Gray

Jenna Wright is the president and CEO of the Anchorage Economic Development Corporation. AEDC exists for three reasons:

1. to encourage economic growth and diversity in Anchorage
2. to promote a favorable business climate
3. to raise Anchorage residents’ standard of living.

The corporation is funded through private contributions, municipal & state grants, and contracts. Jenna took over AEDC last year from recent mayoral candidate Bill Popp who had been the President for the previous 16 years.

Today we discuss “Choose Anchorage” which is a research project looking at four different areas that Anchorage needs to improve in order to make our municipality more attractive to business. We also talk about "Project Anchorage," an AEDC proposal to institute a 3% sales tax in Anchorage; 2% would go to relieve the property tax burden, while 1% would go to fund capital projects that would make Anchorage a more amazing place to live.
Visit AEDC's website here.
Visit Project Anchorage here.