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Nishnabotna Valley REC created the
Community/Economic Development Revolving
Loan Fund (RLF) to improve the quality of
life in rural areas by contributing to
long-term improvement in the local economy.
Administered by the Nishnabotna Valley REC
Board of Directors, priorities include
diversification of the local economy, job
creation and retention, and upgrading the
public infrastructure to improve the health,
safety and/or medical care of rural
residents. |
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Eligible Applicants:
- New or Expanding Private Businesses
- Local Governments
- Non-profit Community Development
Organizations
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Eligible Uses of Funds include:
- Land Purchase
- Buildings
- Fixed Assets
- Machinery & Equipment
- Infrastructure
- Residential Housing
- Projects (limits apply)
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Ineligible Uses of Funds:
- Pre-development Costs
- Refinances
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Who to Contact: John Euchner, CEO
Nishnabotna Valley REC
PO Box 714
Harlan, Iowa 51537-0714
(712)755-2166
jeuchner@nvrec.com
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