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.

 

Housing Heros Story Series 4 of 4 | Redfield
“When I look around a town and see neglected property, I see an opportunity. The first step is simply to see if the property...
Housing Heros Story Series 3 of 4 | Kimball

After learning about the role of code enforcement officers at a RuralX breakout session in 2016, Anita Holan decided to pursue the idea in her own...

It’s a New Day in Day County
A Recycling team of 26 people is working to make recycling available and convenient to Day County area residents, and has had the help...
WordPress Image Lightbox Plugin