Provides multi and single family financing and development, including: Single family home ownership loans at low market rates to qualified first-time home buyers. Repeat home buyer loan program offers low interest, fixed rate mortgage loans and cash assistance Governors' House Program for income qualified individuals and families. Administers federal programs for development and management of multifamily housing, housing counseling, and homelessness services. Home buyer education Down payment assistance Home improvement loans i.e.. CHIP (Community Home Improvement Program) which is for low income homeowners (limit is 120% of median income) to make repairs or improvements to their home. Interest rate is 2.9%. Administers home-buyer education and other housing programs

Free business assistance is available to GROW South Dakota business borrowers. Ongoing one-on-one consulting is offered for cash flow and sales analysis, pricing, marketing, and customer service regardless of the size or maturity of the business. The statewide loan program can finance new and existing businesses for real estate, equipment, inventory, and working capital. Call for terms and conditions. The term is based on collateral. Inquire about current interest rates. Will partner with banks to provide joint financing.

One stop shop for Regional Economic Development programs including SBA 504 Loan Program through Black Hills Community Economic Development, Rushmore Region Economic Development Alliance, Small Business Development Center, West River Revolving Loan Fund, South Dakota APEX Accelerator, Manufacturing & Technology Solutions, and Black Hills Council of Local Governments.

Huron offers three industrial parks; Broadland Creek Business Park, Horizon Industrial Park, and Vantage Business Park. Each has space available to develop your company. Greater Huron also has two housing developments; Broadland Creek Housing Development is at the Broadland Creek Golf Course, and Southtown Housing Development features cash incentives for new homes and interest free lot financing. Services offered: business incentive programs and TIF administration, COVID-19 business recovery loans, commercial and industrial land for sale, spec buildings for sale or lease, commercial real estate for sale or lease, low-interest loan program, residential lots for sale, and housing down-payment assistance programs.

Assist with every aspect of starting a business including: developing a business plan, obtaining financing, marketing products and service, and managing the company.

Offers rural communities financial and technical resources to create and maintain employment, improve economic climate of rural areas, and assist with expansion or improvement of community service facilities (libraries, nursing homes, fire/rescue buildings, daycare centers, etc.). There are a variety of loan and grant programs available to individuals, public entities, municipalities, non-profits, Indian tribes, cooperatives, partnerships, health care facilities, and schools.

Provides the following services to all potential and existing Native American owned businesses in South Dakota: business training/coaching - to help clients enhance business skills and become business owners, financial empowerment coaching - to help clients improve financial skills and become better stewards of money, and lending - up to $400,000.00 for businesses, including agriculture.

In partnership with the US Small Business Administration, Dakota Business Finance provides financing for a wide range of businesses through the SBA 504 Loan Program. The program provides fixed rate financing at below market rates for the purchase of long-term assets such as the purchase of land, purchase and construction of buildings, renovating or remodeling existing facilities, and/or purchase of long-term machinery and equipment.

Non-profit, economic development office focused on assisting new or existing businesses and workforce recruitment.

Invests in organizations to enhance the quality of life for disadvantaged individuals and families with an emphasis on building prosperity from cradle to career. In sharing John's vision of making a piece of the world a brighter place, we envision a compassionate community promoting life-long prosperity for all. The Foundation will support this vision through strategic initiatives, funding priorities and collaboration with partners who promote long-term sustainable change.

Existing SDCF grant opportunities: South Dakota Fund Grants - unrestricted fund that makes grants in support of economic development, human services, health, education, culture and financial literacy programs. Beyond Idea Grants - offered in partnership with the Bush Foundation, these grants are designed to support community-based problem solving in South Dakota Local CSA Grants - A CSA (community savings account) allows a community to invest and grow its endowment with the help of the SDCF. Nonprofit Savings Account - Partners with organizations to build endowment funds. Fairy Godmother's Fund - The fund helps individuals in South Dakota address immediate, short-term, critical needs. No self-referrals. Bush Prize: South Dakota - celebrates organizations that are highly valued within their communities and have track record of transformational impact through creative solutions. The Bush Prize: South Dakota program identifies and honors extraordinary organizations that consistently engage and lead their community toward creative solutions, equips/provides them with flexible support to keep doing that work, and supports them to amplify their story to inspire others. Bush Prize: South Dakota grants are flexible and can be used to build up reserves or test an organization's next big idea or whatever else would best support an organization's ongoing good work. Beginning in 2025, two organizations will each receive a grant of $250,000. Instructions for the online application process can be found on the South Dakota Community Foundation's web site. To find a local community foundation, visit the website.

Services include: Community Coaching - Community coaching starts with learning new ways of working together by practicing it. The program teaches participants how to involve more people in shared decision-making. This program is customizable: to host a community event, a strategy retreat, or dive in to practicing this process for 24 months. Community Development Loans - Loans available to rural economic development organizations, housing authorities, and other community development financial institutions. This program connects capital from regional investors with communities ready to make an economic impact. Learning Network - Connects economic development professionals in rural communities with peers to discuss concerns, find inspiration and even brainstorm any time, in real-time. New Markets Tax Credits - Provides new markets tax credit allocation for equity investments in innovative businesses that are shaping their community's future. RuralX - Connect with like-minded, passionate, rural community shapers. RuralX is an annual event that brings together passionate people who think differently about rural life.

Leads and coordinates economic and community development that will enhance the quality of life for Marshall County residents. Provides business financing through a revolving loan fund and provides assistance with business planning, start up support, grant writing, training, and technical assistance. Information services include local housing, commercial real estate, jobs, and training opportunities.

Provides grant funds or loans to eligible entities, such as individuals, non-profits, housing authorities, partnerships, corporations, or Indian tribes in rural communities. Grants or loans are available to purchase land, develop sites for low-income housing, construct apartment housing units, or develop programs to repair low-income housing.

The South Eastern Development Foundation's Revolving Loan Fund has two components: the Housing Revolving Loan Fund and the Economic Development Revolving Loan Fund. The Housing Revolving Loan Fund provides construction financing to individuals, and for-profit and non-profit developers to construct a Governor's House. SEDF also partners with USDA Rural Development's on its 502 Home Loan Program. The purpose of this loan program is to provide financing at reasonable rates and terms with no down payment required, to low and very low income families that are unable to obtain conventional financing. This program is not available within the city limits of Sioux Falls. The Economic Development Revolving Loan Fund provides loans to individuals and businesses to start-up or expand a business. This program works in conjunction with local lending institutions.

Farm Service Agency (FSA) handles many federal farm programs and makes agricultural and commodity loans. FSA provides financial assistance to producers who have suffered from natural disasters. Disaster assistance is available for a wide variety of disaster event, including but not limited to flooding, winter storms, drought, tornado, fire and other natural disasters that have adversely impacted producers. FSA disaster assistance encompasses livestock death losses, damaged or destroyed feed supplies, crop production losses, loss of grazing land, farmland rehabilitation, restoring water supplies, emergency loans and other disaster aid. Below are a few programs to consider: LFP (Livestock Forage Disaster) - NAP (Noninsured Crop Disaster Assistance): https://www.fsa.usda.gov/Assets/USDA-FSA-Public/usdafiles/FactSheets/noninsured_crop_disaster_assistance_program-nap-fact_sheet.pdf - LIP (2020) Livestock Indemnity Program - ELAP (2020) Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program Please reach out to local county FSA office for more information on other programs offered through FSA.