Central Electric Loans

Project Directory

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City of Emery

Category:  Central, Community, Cooperatives

The Little Learner’s Preschool and Daycare will be relocating this spring with the help of a Rural Economic Electric Development (REED) loan through Central Electric Cooperative.  Central Electric was one of two lenders to the preschool and daycare center. The preschool and daycare are currently housed in property owned by th...

Horizon Health Care/Woonsocket

Category:  Central, Healthcare, Cooperatives

The new Horizon Health Care, Inc. (Horizon) medical clinic in Woonsocket has benefitted from a pair of low-interest loans through Central Electric Cooperative and the Rural Electric Economic Development (REED) Fund. Central Electric, a local Touchstone Energy® Cooperative, used the Rural Economic Development Loan and Grant (REDLG) program to secur...

Mount Vernon Economic Development Group

Category:  Central, Community

Mount Vernon Economic Development Group Receives Funding for Housing MOUNT VERNON, SD, February 10, 2020 – The Mount Vernon Economic Development Group (MVEDG) has constructed another two houses for income-qualified families in the town of Mount Vernon with the help of a Rural Economic Electric Development (REED) loan through Centra...

Opera House Group

Category:  Central, Community, Cooperatives

Once slated for demolition, the 1905 Opera House now stands proudly on the corner of Dakota and First Street in Wessington Springs, population 974. Financing was used for heating and cooling systems to permit year round use of the facility. The opera house is the only stage in town an...

Riverfront Broadcasting

Category:  Central, Business, Cooperatives

MITCHELL, SD, January 25, 2016 - Mitchell, S.D. – Central Electric Cooperative’s Rural Electric Economic Development (REED) Fund will help to spur economic development over the airwaves thanks to a recent economic development loan. The REED Fund recently closed a loan to Riverfront Broadcasting, LLC which has purchased two radi...