H D Electric Loans
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City of Lake Norden
Category: H-D Electric, Community, Cooperatives
The City of Lake Norden used REED financing for water treatment plant expansion and improvements including installing a new gravity filter, modifications to electric and control systems and building modifications. The end result will be a more consistent flow of better quality water and overall productivity improvements in the community...
Clear Lake Building Center
Category: H-D Electric, Business, Cooperatives
Clear Lake Building and Rental Center is going through some exciting changes in 2016. The previous owners operated the business for 43 years and the business has been in the community for 50 years. The company's new owners, Daron and Dustin Kreger, are brothers who have worked at the business...
Lake Region Golf Club
Category: H-D Electric, Community, Cooperatives
Lake Region Golf Club is a public golf course near Lake Poinsett that has received REED financing three times. The first loan helped finance the construction of a new clubhouse and renovation of storage facilities (1997). The second loan was used to expand the course from 9-holes, built in the...
Prairie Properties, LLC (2018)
Category: H-D Electric, Multi-Family Housing
Prairie Properties, LLC Receives Loan from H-D Electric Cooperative’s REED Fund
H-D Electric Cooperative recently issued a Rural Electric Economic Development (REED) loan to Prairie Properties, LLC for the construction of an eight-plex apartment building in Lake Norden, SD.
H-D Electric Cooperative utilizes the...
Prairie Properties, LLC (2019)
Category: H-D Electric, Multi-Family Housing
Prairie Properties, LLC Receives Loan from H-D Electric Cooperative’s REED Fund
H-D Electric Cooperative recently issued a Rural Electric Economic Development (REED) loan to Prairie Properties, LLC for the construction of a ten-plex apartment building in Lake Norden, SD.
H-D Electric Cooperative utilizes the REED Fund to partner...
