April 2022 Newsletter


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Happy April Southern Idaho,

It is officially Spring -

Shoshone Falls is starting to flow again into the Snake River!

May the warmer and longer days ahead fill you with joy.


Monthly newsletter from
Region IV Development Association, Inc.

Visit Our Website
The Region IV Development office will be closed Monday, January 17, 2022 in observance of Martin Luther King, Jr. Day.
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Join us in celebrating National Community Development Week!

The purpose of National Community Development Week is to educate Congressional members and the community on the importance of the Community Development Block Grant (CDBG) Program, its impact on the community, and the need for increased program funding. National Community Development Week is designed to focus local as well as national attention on the CDBG program.

Block grants funds can be used for the development of public infrastructure (water/wastewater), senior centers and community centers, downtown revitalization, EMS stations, fire trucks, and to support local governments' efforts in response to a natural disaster or an imminent threat to health and safety.

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To learn more about National Community Development Week and how you can support the initiative, click on the Tool Kit link below: 

National Community Development Week Tool Kit 2022

For decades, Region IV Development has been working with the CDBG program by providing hands-on technical assistance to cities and counties in grant funding applications and project administration.

Cities and Counties can sub-grant CDBG funds to special districts or non-profit agencies such as a fire district or non-profit community center.

Check out the CDBG flyer in the Community Development section below to get more information on the program.

April is Fair Housing Month

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HISTORY OF FAIR HOUSING MONTH

April is the month when we celebrate National Fair Housing Month. In this month we feel grateful for the Fair Housing Act that was passed on April 11, 1968. This law was designed to protect Americans from facing discrimination in selling or buying houses. It is also a basic human concept, and entitlement for people. As a community, we have the right to be free of any form of discrimination. In our communities, people belonging to diverse backgrounds should be warmly welcomed as our neighbors.

In the past, people used to show discrimination towards others in terms of housing. Some of the most damaging discrimination examples are found in the past, including minority neighborhoods that were located far from quality schools, public transportation, and jobs.

The Fair Housing Act was signed by President Johnson and it was passed after the death of civil rights leader Dr. Martin Luther King, Jr., who was in Memphis on April 4, 1968, to support the sanitation worker's strike when he was shot and killed. As a result of the tragedy, Congress collectively passed the 1968 Fair Housing Act.

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Internal Loan Programs

Before you give up on your project due to financing challenges, give us a call to see if we can assist your business with one of our internal loan programs. We are happy to consider start-ups, turnarounds, and other non-conventional circumstances.

Contact a loan officer today!

Rob Atkins, Loan Programs Manager and Loan Officer
(208) 732-5727 ext. 3002
Amy Brinkman, Loan Officer
(208) 732-5727 ext. 3006
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April SBA 504 Interest Rates

25 Year - 4.680%

20 Year - 4.620%

10 Year - 3.820%

Small business owners can access cash from the equity in their real estate by way of the SBA 504 debt refinancing program. 

In addition to refinancing existing debt on more favorable terms, you can get cash out to pay operating expenses or other purposes. 

As with all SBA 504 programs, you can lock in a repayment term of up to 25 years at below-market interest rates.

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Small Business Spotlight - Grind Eat Sleep... Repeat.

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Grind Eat Sleep… Repeat is a new fitness & nutrition business based in Twin Falls, Idaho, offering a wide range of services such as personal training, online exercise and nutrition plans, athletic strength and conditioning, and much more! As of March 2021, we have opened our own facility in the industrial area of Downtown Twin Falls! Our 4,000 sq. ft. facility is spacious and has all the equipment you’ll need to reach your goals! 

Services offered: personal training, private group training sessions, strength and conditioning training sessions, and youth programs.

Check out the Fit and Fun Spring Camps coming soon!

Looking for a sponsorship opportunity?

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702 Fairfield Street W
Twin Falls, ID
(907) 242.7780
grindeatsleeprepeat.com

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For more than four decades, Region IV Development Association has been providing hands-on technical assistance to communities throughout southern Idaho – from helping with basic infrastructure development (sewer, water, fire protection, community centers and senior centers) to assisting with community building (training, visioning, and comprehensive planning). The Region IV Development team can assist with town meetings, preparing funding applications, and project administration.

Are you a community leader with a wish list full of infrastructure improvements to your city or county?
Call our office today to see how we can help.
208.732.5727

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Brownfield Assessment Request
Site Access Agreement

For more information, check out our website or contact
Dr. Michele McFarlane at (208) 732-5727 ext 3005

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