GROW South Dakota's Mission: GROWing sustainable
communities through housing, educational and economic opportunities.
GROW South Dakota is a private non-profit corporation established in
2007 and an Emerging CDFI. GROW South Dakota's purpose is to promote
and foster economic development in distressed communities and
underserved markets in South Dakota. With that purpose in mind, GROW
South Dakota has established three goals:
1. To service individuals and
communities through loan products and development services;
2. Attract new business to the rural
communities of South Dakota; and
3. Promote the establishment of a
positive business, economic and housing environment.
Financial products and services to
be provided:
1. Direct Loans for Business &
Housing Development
2. Business Development Services
3. First Mortgages
4. Refinancing Loan Products
5. Home Rehab Loan Products
6. Homebuyer Education
Impacts and Outcomes: Through the provision of capital
lending funds, GROW South Dakota will be able to build the
organization necessary to assist South Dakota in developing a strong
and healthy economic climate that will draw people back to rural
South Dakota, while creating a place for businesses to achieve and
sustain positive economic growth.
Board of Directors
Dan Menking, Webster
Russell Olson, Wentworth
Dave Hahler, Webster
Craig Carson, Brookings
Thomas Farber, Britton
Board meetings
are held every third Wednesday of every month.
