Downtown Façade Loan Program
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
Purpose: Elevate created the Downtown Façade Loan Program to encourage revitalization of the downtown, stimulate additional private sector investment in the downtown and surrounding area, and help spur job creation.
Geographic Scope: Downtown Rapid City, SD
Contact Information:
- Elevate Rapid City
- P.O. Box 747
- Rapid City, SD 57709
- Phone: (605) 343-1744
- Hours: Monday-Thursday 8:00 AM - 5:00 PM, Friday 8:00 AM - 12:00 PM
What Elevate Rapid City actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 10
- Total given
- $828K
- Median grant
- $50K
- Range
- $10K–$357K
- By dollars: South Dakota 100%. Top recipient cities: Rapid City, SD; Spearfish, SD.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Elevate Foundation · Rapid City, SD
Transfer of pledge receivables to related entity
$357K
South Dakota Ellsworth Development Authority · Rapid City, SD
Community development
$201K
Phase Technologies · Rapid City, SD
Opportunity capture fund workforce grant
$52K
Rural America Initiatives · Rapid City, SD
Furniture and supplies for early head start classrooms
$50K
LIL Punkins Daycare · Rapid City, SD
Safety improvements to childcare facility
$50K
Focus Areas & Funding Uses
Fields of Work
- Community development
Categories
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Amount
Up to $500,000
Deadline
October 15, 2026
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