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Causes: Economic Development
Mission: Providing innovative advancement of housing, education, and economic opportunities throughout south dakota.
Programs: New market tax credit program: grow south dakota owns and leased two school buildings to the shannon county school district (also known as oglala lakota school district) throughout the year. As of 6/30/2018, grow south dakota only owned and leased one school building.
housing: grow south dakota owns a 60 unit hud property in milbank, south dakota. The project is currently managed by mills property management and consists of 30 one-bedroom elderly units and 30 family two- and three-bedroom units in townhouse structures. The organization made 221 on-balance sheet housing loans totaling $2,530,909 and 214 off-balance sheet down payment housing loans totaling $1,605,000.
business revolving loan funds: in fy 2018, grow south dakota made 28 business loans totaling $1,085,750, creating or retaining 70 jobs through the revolving loan fund. The organization provides technical assistance to all applicants.
grow south dakota assisted one non-profit organization by making available 9 vehicles to further that organization's work in low-income weatherization and housing rehabilitation. Grow south dakota was also involved in some programs that will further their work in community engagement.