Rural Electric Economic Development Fund (REED)
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
Rural Electric Economic Development Fund (REED)
Status: Active revolving loan fund established in 1996
Geographic Scope: South Dakota and western Minnesota, serving East River member cooperatives' service territory
Overview: The Rural Electric Economic Development (REED) Fund is a non-profit corporation owned and governed by many East River member cooperatives. Over 29 years of operation, it has been involved in more than 420 projects and invested more than $130 million in rural areas.
Focus Areas:
Mission: To support East River members and other cooperatives in providing financing and helping leverage investment in communities and rural areas to make a difference in the region.
Contact:
Focus Areas & Funding Uses
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