LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsAnalyzing first-time homebuyers
(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 home...
read moreThe 4-1-1 on the SBA 504 Loan Program
(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 the...
read moreLCD Group financing allows Big Muddy Septic to change ownership
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...
read moreLCD Group provides critical financing for new Bismarck Music Store
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...
read moreGround broken on new $8.5 million Century Cottages project
Ground was finally broken last week on the new Century Cottages apartment complex located at 2724 Hawken Street in Bismarck. The event officially marks the start of construction on the new facility which will feature 35 one- and two-bedroom apartments for seniors and...
read moreLewis & Clark RDC commits funds for two Mandan businesses
Lewis & Clark Regional Development Council (RDC) recently approved loans through the North Dakota Opportunity Fund and the IRP MandanII funds for two separate businesses in Mandan. New Runnings Store The IRP MandanII funds are for JR&RII, LLC which has...
read more2019 Community Development Block Grants awarded
The Lewis & Clark Regional Development Council's (RDC) Community Development Block Grant (CDBG) Scoring and Ranking Committee met on June 5 to review two housing opportunity applications and five public facilities applications. The committee had a total of...
read moreEkstrom to serve on 2020 Census state task force
Governor Doug Burgum recently created the 'North Dakota Complete Task Force for Census 2020' to coordinate state government's effort to prepare for next year's census. At the heart of the group's work will be to recommend strategies and to safeguard and promote the...
read moreLCD Group steps up, provides solutions to two major challenges in Bismarck-Mandan area
In November 2017, the Ruth Meiers Hospitality House closed its men’s emergency homeless shelter. That action caused a ripple effect throughout the Bismarck-Mandan area. The closure immediately presented an urgent challenge to find housing for the community’s homeless...
read moreLCD Group’s 50th anniversary celebration set for June 27
The Lewis & Clark Development Group (LCD Group) will officially mark its 50th anniversary with a celebration on Thursday, June 27 from 3:00 PM (CDT) to 6:00 PM (CDT) at its offices located at 200 1st Avenue in Mandan. Hot dogs, snacks, and refreshments will be...
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