LCD GROUP NEWS
News, Upcoming Events, and AnnouncementsNorth Dakota’s affordable housing problems a result from a “perfect storm”
Affordable housing continues to grow as a challenge for individuals and communities throughout North Dakota. Demand for affordable housing is being driven in large part to a perfect storm. As baby boomers start to retire, more and more people 65 and older are...
Q&A about the DREAM Fund with LCD Group’s Lisa Pogatshnik
The DREAM Fund is one of LCD Group's most innovative home loan programs. It's also one of the most popular. LCD Group Housing Director Lisa Pogatshnik answers some common questions about the DREAM Fund. What is the DREAM Fund? The DREAM Fund is designed to provide...
NDOF helps immigrant couple seize new opportunity for their trucking business
An entrepreneurial immigrant couple is able to carve out a new opportunity for their trucking business thanks to the North Dakota Opportunity Fund. Upon earning his CDL/Class-A truck driving license in 2018, Sam Jalalvand went to work as a driver but was quickly taken...
Another national study highlights need for more affordable housing in North Dakota
(Source & Credit: National Low Income Housing Coalition) - There is a massive shortage of 7.3 million affordable and available rental homes for extremely low-income renters—those earning at or below either the federal poverty line or 30% of their area median...
Latest North Dakota Opportunity Fund project proves to be especially rewarding
Since 1986, hundreds of women facing an unexpected pregnancy have turned The Perry Center for help. The West Fargo-based organization has provided these women, ranging from ages 12 to 30, with compassionate residential care that tends to their physical, emotional, and...
LCD Group receives $512,000 grant from NeighborWorks America to further its impact on North Dakota
Lewis & Clark Development Group has received a $512,000 grant from NeighborWorks America. The grant award is part of a package of grants allocated to the organization's 239 chartered nonprofit members throughout the United States. NeighborWorks America is a...
LCD Group Primer: How long do you have to wait for SBA 504 Loan approval?
(Credit: Forbes) - The U.S. Small Business Administration (SBA) helps business owners access the funds they need to get their businesses off the ground, expand and succeed. These loans are often easier to qualify for than some traditional loans. Still, SBA loan...
Referral led Fargo dentist to a North Dakota Opportunity Fund loan and a new state-of-the-art clinic
Fargo dentist Austin Vetter recently found himself in an enviable position. His practice had outgrown its current location. New patients were coming in and his staff of 14 needed new space to accommodate demand. Vetter knew it was time to relocate. The decision was...
National Study: In nearly every state, people of color less likely to own homes than whites
(Source & Credit: Harvard University) - The American Community Survey conducted by Harvard University's Joint Center for housing Studies finds that in every state throughout the nation, Black, Hispanic, and Native American households have lower homeownership rates...
Senator Cramer joins Senate colleagues, reintroduces bipartisan Choice in Affordable Housing Act
North Dakota U.S. Senator Kevin Cramer (R) and U.S. Senator Chris Coons (D-Delaware) have reintroduced their Choice in Affordable Housing Act to improve the federal government's largest rental assistance program. The bipartisan bill would make it easier to access...
