Tag: NMTC


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DAKOTAS AMERICA HOSTED RURAL FINANCE GATHERING

Blog, News & Events on May 3rd. Comments Off on DAKOTAS AMERICA HOSTED RURAL FINANCE GATHERING

Federal community development funding, as measured as a share of GDP, has declined by 75 percent over the least 40 years. Federal policy has increasing relied on private-sector resources to fill the gap. Through the NMTC and CDFI programs, community development organizations are filling the yawning credit gap encountered in many communities, creating jobs improving housing and community facilities and creating economic opportunity. This is especially true in rural America where opportunity to access the capital necessary to build businesses and community services is limited.

On April 11, 2017, Dakotas America hosted the Upper Great Plains Rural Finance Gathering in Harrisburg, South Dakota. In all, there were over 30 attendees representing more than 20 economic development groups from across the region, as well as other areas around the country. The stated purpose of the gathering was for participants to learn from … Read More »


Dakotas America Invests In The Health of Rural Communities

Blog, News & Events on December 8th. Comments Off on Dakotas America Invests In The Health of Rural Communities

The need to recruit and retain rural practitioners is a huge part of solving our rural healthcare provider shortage.

Dakotas America is working to be a part of that solution.

Thanks in part to the help of Dakotas America, pre-medical students from rural North and South Dakota have another avenue for a high-quality education. The Edward Via College of Osteopathic Medicine (VCOM), with its three campuses, is one of the most innovative medical colleges in the country, with cutting-edge technology, facilities, and experienced faculty.

Dakotas America attracted private investment through the federal New Markets Tax Credit program to help fund the construction of the newest 16 acre VCOM branch campus located in Auburn, Alabama, which opened for its inaugural class in July 2015. Students accepted into the program are asked to maintain VCOM’s mission of becoming community focused, globally minded osteopathic physicians … Read More »


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RuralX17 Has People Coming Back For More

Margot Gillette attended the RuralX Summit last summer and couldn’t wait to go back. In fact, the Economic Development Director for Beadle and Spink...

RuralX is a success for rural South Dakota

The RuralX Summit, organized by Dakota Resources with the help of 57 generous sponsors, was a rural economic and community development summit held...

2017-18 GRANTS IN PLACE RECIPIENTS ARE ANNOUNCED!

Rural South Dakota | JUNE 08, 2017 | The 2017-18 Grants in Place program is a national cooperative venture between the Rural...