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RDFC Awards Grant to Midway School

By May 10, 2024No Comments

As a member of the Rural Development Finance Corporation (RDFC), we are excited to announce that communities in our service area were eligible to apply for a grant of up to $3,000 for their community-based projects. RDFC is committed to making these funds available to increase awareness of their larger loan program, which provides low-interest loans to fund community-based projects and non-profit entities.

RDFC has recently granted $2,000 to Midway Public School. Grant funds will be used to provide quality meals, snacks, and drink items for the School Weekend Backpack Program. Midway School is in its first year of implementing this program and already has seen the benefits of the program for its students.

For loan applications, assistance, or questions concerning RDFC, please contact interim executive director Brenna Ohman at 701-667-6419 or bohman@ndarec.com.

The Rural Finance Corporation (RDFC) is a nonprofit corporation that encourages economic diversification and community vitality through the generation of funding that supports sustainable asset building. Funding for RDFC programs comes from fee income generated by Dakotas America LLC, a community development entity providing New Market Tax Credits in economically distressed census tracks across the United States. The North Dakota Association of Rural Electric Cooperatives provides support to RDFC.

Program Coordinator Sheila Korynta is pictured with backpack bags to be delivered to Pre-K through 12th grade students. Each pack contains one milk, juice, two breakfasts, two lunches, and four snacks – all shelf stable. The program ensures the nutritional needs of the students are met over the weekend, and they return to school on Monday ready to learn.