Rural Development Finance Corporation (RDFC)
The Rural Development Finance Corporation is a North Dakota nonprofit finance and development corporation. RDFC’s member-owners are all the North Dakota Rural Electric Cooperatives, nine of the North Dakota Rural Telecommunication Cooperatives and the North Dakota Association of Rural Electric Cooperatives. RDFC encourages economic diversification and community vitality through the generation of funding that supports sustainable asset building.
Find more information about on their website.
Grants are available to area organizations
Cass County Electric Cooperative, Inc. is a member of the Rural Development Finance Corporation (RDFC) with this partnership, communities in our service area are eligible to apply for a grant of up to $2,000 for community-based projects. RDFC is making these funds available so that more people become aware of their larger loan program that funds community-based projects and non-profit entities with low-interest loans.
Guidelines
Elidible projects are community-owned businesses, community facilities, or community-based projects that will benefit the rural areas. A few examples are listed below.
Community-owned businesses
- Cafe
- Grocery store
- Motel
Community Facilities
- Ambulance services
- Fire and rescue
- Community Center