Rural Electric Economic Development, Inc.
211 South Harth Avenue PO Box 227, Madison, SD 57042--022
Rural Electric Economic Development (REED) provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment in rural South Dakota and Minnesota. Established in 1996 and governed by 27 electric cooperatives, REED assists projects that promote growth and contribute to job creation and community infrastructure.
Loan products
Who qualifies
Businesses and community organizations in rural South Dakota and Minnesota served by electric cooperatives.
Focus areas
Federally Certified CDFI
This institution is certified by the U.S. Department of the Treasury as a Community Development Financial Institution, meaning it is dedicated to providing fair financial services to underserved communities.
Reviews
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Details
- Type
- Loan Fund
- Location
- Madison, SD
- Native CDFI
- No
- Languages
- English