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Find Economic Development news and articles from throughout the Dairyland Power Cooperative territory in WI, MN, IA, and IL.

0% Interest Economic Development Loan Funds Available

One of the best kept secrets in regional economic development is the USDA Rural Economic Development Loan Program (REDLG) which provides business loans at 0% interest for a ten year term.  The maximum loan amount was recently increased to $2 million and the funds can be used for business financing, infrastructure, health care facilities, business incubators and educational facilities.  Loans are granted for projects taking place within rural service areas of Dairyland Power's member cooperatives.  The favorable terms and large loan amount make the fund a useful incentive to help promote development projects of all kinds.

Are you wondering if these funds will work for a project you have in mind?  Contact your local electric cooperative or Craig Harmes at Dairyland Power Cooperative at 608-787-1310 or cth@dairynet.com.  Applications are made through your local energy cooperative and most applications are turned around within two to three months.  Selection factors include the nature of the project, job creation, demographic factors, project plans, financial statements, ownership, supplemental funds, and probability of success of the project as a whole.  Some metro areas may be ineligible.

Welcome!

Thank you for taking a moment to read our very first economic development newsletter.  We will periodically update you with helpful information and development property highlights from throughout our service territory.  If you have suggestions for future editions please share with Craig Harmes at cth@dairynet.com.

For Sale or Lease in
St. Croix Falls, WI

Take advantage of newly reduced pricing on a flexible useful facility in St. Croix Falls, Wisconsin.  The former warehousing facility consists of 32,000 sq. ft. of space in three buildings situated on a 10.27 acre site in the St. Croix Falls Industrial Park.  The site features one refrigerated warehouse, additional warehouse area, finished office space, paved parking and driveways, and 15 loading docks and 13 drive in doors.  The facility is available for sale or lease.  For the most up to date information, photos, sale price, and lease rate visit www.1157pine.com.

Oronoco Crossings Near Rochester, MN

Excellent development opportunity four miles north of Rochester at the Oronoco Crossings mixed-use commercial development.  The 75-acre development is home to the People's Electric Cooperative facilities as well as other commercial projects.  The sites feature affordable land prices for industrial and commercial users, municipal water/wastewater and other utilities available, high traffic counts and terrific visibility from 4-lane US Highway 52 near fast-growing Rochester, Minnesota.  For the latest information on the property visit Hamilton Real Estate by clicking here.

Commercial Development near
Eau Claire, WI

Highly visible commercial development available for sale in the Village of Lake Hallie, WI near Eau Claire.  The site features lots ranging from 1.2 acres to 42 acres and has access to municipal wastewater and other utilities.  High traffic counts on US Highway 53 and a strong anchor tenant make this property ideal for many kinds of commercial tenants.  To see the full property information from Commonweal Development click here.
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