by LCD Staff | Sep 29, 2019 | Affordable Housing, CommunityWorks North Dakota, Economic Development, Home Loans, Housing, NeighborWorks America, Programs
Earlier this month, LCD Group Executive Director Brent Ekstrom traveled to Knoxville, Tenneseee to attend NeighborWorks America Rural Membership Conference, ‘Reclaiming Appalachia: Investing in Community, Cooperation and Change.’ NeighborWorks America...
by LCD Staff | Sep 19, 2019 | Housing, News & Analysis
(Credit: The MReport) — For the first time, the annual growth rate in home sales to first-time buyers under performed the single-family housing market, as first-time buyers purchased 4% fewer homes in Q2 2019 than last year, according to Genworth. First-time...
by LCD Staff | Sep 9, 2019 | Business Loans, Economic Development, Lewis & Clark CDC, SBA 504 Loan
(Sources & Credits: Fundera and Small Business Administration) — There are 28 million small businesses in the United States, accounting for two-thirds of new job growth and roughly half or our nation’s Gross Domestic Product (GDP). Given their importance to...
by LCD Staff | Aug 29, 2019 | Business Loans, Economic Development, Lewis & Clark RDC, North Dakota
Lewis & Clark Regional Development Council (RDC) has approved a loan through the Intermediary Relending Program (IRP) Mandan II Fund for a working capital loan, which is part of a financing package to purchase Big Muddy Septic Service, LLC in Mandan. Railway...
by LCD Staff | Jul 30, 2019 | Business Loans, Economic Development, Lewis & Clark CDC, Lewis & Clark RDC, North Dakota Opportunity Fund, Programs, Projects, SBA 504 Loan
Lewis & Clark Regional Development Council (RDC) has approved loans through the North Dakota Opportunity Fund for interim financing to purchase and upgrade a business condominium in Bismarck that will house Solid Rock Music. The North Dakota Opportunity Fund will...
