Without borough funding, HEDC faces uncertain future

Since losing borough funding, the Haines Economic Development Corporation faces an uncertain future. The uncertainty is making it difficult for the organization to commit to new projects.

The Haines Borough Assembly eliminated all funding for HEDC in the budget for the fiscal year beginning July 1. In past years, borough funding has made up almost all of the organization’s budget.

In early June, HEDC announced that executive director Margaret Friedenauer, the organization’s only employee, would…