Category: Federal Incentives, Grants & Loans
The Rural Economic Development, Inc. (REDI) Loan Fund is a non-profit corporation offering financing for business, agri-business, infrastructure, and community development projects that benefit rural areas.
The ITC REDI Fund provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment and make a difference in the region it serves.
Established in 1996 and governed by its Board of Directors, ITC REDI assists projects that promote growth and contribute to job, business and wealth creation, as well as improve the infrastructure, community facilities/services, and economic base of rural areas.
ITC REDI makes loans to for-profit businesses, not-for-profit organizations, and local governments. Projects include, but are not limited to:
- Small and medium sized business and cooperatives engaged in manufacturing, retail, and service industries
- Producer owned business and cooperatives that add value to agriculture