Dakotas America


To stimulate economic investment in low-income communities, Dakotas America LLC, a Community Development Entity (CDE), has been awarded New Markets Tax Credit (NMTC) allocations by the U.S. Department of Treasury CDFI Fund. Dakotas America LLC assigns New Markets Tax Credit allocations for qualified investments in qualifying projects located in rural, highly distressed low-income communities.

Dakotas America LLC, which is spearheaded by South Dakota Rural Enterprise and the North Dakota Rural Development Finance Corporation, supports and enhances economic development in both South Dakota and North Dakota.

Dakotas America LLC was created to present a unique value proposition — a community sponsorship and impact scenario that allows Dakotas America LLC to competitively stand out among others CDEs. Dakotas America LLC is the only CDE based in the Dakotas, a region that previously had never received allocations.

For more information please visit the Dakotas America website by clicking HERE.


Updates @ Dakota Resources

We grant permission to any development organization to repost and/or reuse any article contained in our blog for educational and marketing purposes.

 

Co-opetition

By Jason Uphoff, Arlington Economic Development Director

What is Co-opetition?

“CO-OPETITION is a new way of thinking about business. Some people see business entirely as competition....

The power of young voices

By Wendy Royston Dakotafire Media

Dylan Fulton and Camden Breitling, students at Miller High School, came to RuralX on scholarship through Dakota Resources.

Fulton, who said he...

LEADERSHIP: Six ways to address ‘We don’t know how’

By Paula Jensen

Some of us in rural communities feel as if we are missing the secret ingredient to leadership development: We don’t know how...