Tag: USDA Rural Development


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Rural Communities Strengthened, Connected by Rural Finance Development

Blog, News & Events on May 17th. Comments Off on Rural Communities Strengthened, Connected by Rural Finance Development

In April, more than 20 rural economic development groups gathered in Harrisburg, South Dakota, for the “Upper Great Plains Rural Finance Gathering.” The members of this diverse group work to increase access to education, healthcare, jobs, and other key services in rural communities across the nation.  The group shared insights, success stories, and tackled many of the challenges facing rural community development. The hot topic? Protecting key federal community development programs most effective at supporting rural communities.

Congress finally passed an omnibus bill last week to fund the federal government for the remainder of Fiscal Year 2017. Now, Congress quickly turns to its work on 2018, which is presently underway. In addition, both President Trump and Congress are working to move along tax reform.

Community development organizations are watching these processes from the edges of their seats—and with good reason. The Administration’s … Read More »


Dakota Resources Receives $10 MM Loan as USDA Launches Re-lending Program

News & Events on December 22nd. Comments Off on Dakota Resources Receives $10 MM Loan as USDA Launches Re-lending Program

Renner, SD – U.S. Department of Agriculture Rural Development Acting State Director Bruce Jones announced that Dakota Resources will receive a Community Facility Direct Re-lending Program loan in the amount of $10 million for relending in South Dakota rural communities.  USDA Rural Development Tim Potts was in Renner to recognize each of them on Jones’ behalf.

“The long standing partnership USDA has with Dakota Resources represents the immense value of the organization and the vital role they have in supporting our rural South Dakota communities,” said Jones.  “This funding will enable both organizations to bolster opportunity to our communities through relending, thereby supporting essential community facilities that South Dakotan’s rely on.”

As a re-lender, Dakota Resources will loan funds to applicants primarily for projects in or serving high poverty areas or persistent poverty counties eligible under the Community Facility Loan program.

Eligible … Read More »


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