Local business is the backbone of our communities. We are here to assist you as you look at starting or creating a business in our region. These resources serve as gap financing and are not intended to replace traditional funding. Learn more about the different funds below.
Questions pertaining to the loan programs can be directed to:
Teran Doerr, Executive Director
teran@rooseveltcuster.com
701.483.1241
Your Southwest North Dakota resource to establish, enhance, or expand your business at any stage.
Your Southwest North Dakota resource to support business, build resilient communities, increase economic diversity, and create and retain jobs.
The Community Development Loan Fund (CDLF) was established to provide gap financing and equity investment for projects that will create of retain jobs for low to moderate income persons.
Your Southwest North Dakota resource to establish, enhance, or expand your business at any stage.
Standard Terms
Use of Funds
Your Southwest North Dakota resource for BND PACE and Flex PACE Programs.
Standard Terms
Use of Funds
Your Southwest North Dakota resource to support business, build resilient communities, increase economic diversity, and create and retain jobs.
Standard Terms
Use of Funds
The Community Development Loan Fund (CDLF) was established to provide gap financing and equity investment for projects that will create of retain jobs for low to moderate income persons.
To be eligible a business must be located in Region VIII. A request for financial assistance per-application must be submitted to Roosevelt Custer Regional Council which will be evaluated by RCRC staff and presented to the Loan Review Committee. Approved projects will complete a final application which is forwarded to the North Dakota Department of Commerce Division of Community Services for final approval and financial award.
Funding is made available by Housing and Urban Development (HUD) through the ND DOC Division of Community Services.
Goals:
Criteria:
