Healthcare clinics are typically a place residents go to for medical help. But the tables were turned in 2020 when the COVID-19 pandemic occurred in the midst of Horizon Health Care closing on a new building in Yankton, South Dakota. The REED Fund and Bon Homme-Yankton Electric were able t...Continue Reading
Photo: Central Electric Cooperative General Manager Ken Schlimgen presents the REED loan to T&C Fire Department President Alan Linke and Fire Chief Travis Coulthard.
T&C Fire Department in Woonsocket, S.D., recently received a $135,000 Rural Electric Economic Development (REED) loan issued by Central Electric Cooperative. The funds are being used t...Continue Reading
One silver lining to the harsh realities of the COVID-19 pandemic was the value of local production. With the assistance of the REED Fund, Fresha, Inc, a carrot packaging operation in western Minnesota, now has the ability to expand their operations to bring value-added produce to the market from ...Continue Reading
Who We've Helped
Manufacturing Firms
(plant and/or equipment)
Industrial Parks
(Office facilities or industrial buildings for lease or sale, all non-profit owners)
Grain Handling/Agronomy Firms
(17 are producer owned, $467 million capital Investment)
Community Infrastructure Projects
(water, wastewater, streets, emergency)
Ag Processing Businesses
(16 producer-owned, $331 million capital investment)
Partner Regional and Local Loan Funds
Fire Protection Projects
(trucks and buildings)
Housing projects
(4 site development, 12 elderly and assisted living, 6 multi-family rental properties, 2 housing loan funds, 3 single family homes)
Education
(schools, distance learning, technology; including 5 childcare centers)
Recreation and arts facilities, non-profit, including community centers
Agriculture Retail/Service Businesses
Retail and Service Businesses
Tourism Related Businesses
Health Care Facilities
(clinics, hospitals, nursing care centers)