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Causes: Economic Development, Homeless & Housing, Housing Rehabilitation, Microfinance, Rural Economic Development, Unknown
Mission: Rural nevada development corporation (rndc) is a 501(c) 3 non-profit development corporation formed in january 1992 to serve the fifteen (15) rural counties, rural clark and washoe counties, and the twenty-seven (27) native american tribes of nevada. Rndc has been responsive to the needs of rural communities by addressing critical issues such as affordable housing, down payment assistance, homeowner rehabilitation and small business alternative lending practices and has received certification from the department of treasury as a community development financial institution (cdfi). Its ability to leverage involvement statewide from public and private sources has been successful. In 1999, rndc business-lending program won a best practice award from hud for its creativity in addressing a problem, and effectively leveraging resources.
Programs: Housing rehab & development - provided funding for rehab to low income homeowners as determined by department of agriculture & hud.
the intermediary relending program provided loans to rural businesses who have not been able to obtain loans from commercial lenders.
housing weatherization
other program services - multi-family housing initiative to provide affordable housing to qualifying low-income tenants.