$1.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Below-market interest rate loans for economic development projects in South Dakota, particularly in rural communities. The REDI Fund provides loans of $20,000–$1 million at 3% interest for up to 20 years, financing buildings, land, and equipment for businesses creating jobs.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business located in South Dakota
2.Loan: $20,000–$1 million at 3% interest (up to 20 years)
3.Eligible uses: land, buildings, equipment, infrastructure
4.Must create or retain jobs
5.Priority for businesses in rural SD communities
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NYSDEC · New York
Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.