Tag: Community Facilities


We look forward to keeping you up-to-date with newsletters, resources and other leadership development materials. Check back often and help us spread the word by sharing these articles with your friends on Facebook, LinkedIn or Twitter!

Partnering with USDA in $10 Million Re-lending program

Blog, News & Events on July 20th. Comments Off on Partnering with USDA in $10 Million Re-lending program

Ask Jay Headley what Dakota Resources’ biggest accomplishments were for 2016, and he will rattle off a list that includes providing capital to assist with rural building projects, new housing developments, land purchases, the opening of new businesses and collaborative partnerships.

However, one of his favorite highlights was finalized at the end of the year and involves a partnership between Dakota Resources and US Department of Agriculture Rural Development (USDA). USDA named Dakota Resources as a “re-lender” of $10 million in federal funds to help spur economic development opportunities and reduce rural poverty in South Dakota communities. The funds will be used to improve essential facilities in low income rural areas, such as health care facilities, child care centers, town halls, assisted living centers, transitional housing, street improvements and educational facilities.

“Dakota Resources is only one of a handful of Community Development Fund Institutions … 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.

Pictured L to R are Jeff Lakner, Dakota Resources Board Member; Tim Potts, USDA Rural Development Community Program Director for the State of South Dakota; Jay Headley, Vice President of Finance at Dakota Resources; and Lin Van Hofwegen, Managing Director of Dakotas America

“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 … Read More »


x

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.

 

Collaboration Advances Workforce Housing Project in Hot Springs
The Empower Community Coaching process resulted in the Housing Initiative team, made up of city leaders, citizens, builders and real estate professionals who...
First National Bank of Omaha helps feed the cycle of community success
Strong local economies are the financial backbone of our communities. Businesses of all types and sizes provide us with the things we need and...
Mitchell Area Chamber of Commerce and CVB Sponsors RuralX Dine Around

For the second year, the Mitchell Area Chamber of Commerce and Convention Visitors Bureau is sponsoring the ruralX Dine Around event, which involves dinner for approximately...

WordPress Image Lightbox Plugin