February 2022 Newsletter

"There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder."
-Ronald Reagan

The Region IV Development office will be closed Monday, February 21, 2022 in observance of President's Day.

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.

Have you checked out our new website?

Whether you are a new or established business looking for funding, or a community leader looking to make local improvements - finding the right resources for your project is the first step.
The first step can also be the hardest, especially if you've never had to navigate these processes before. There are resources out there for every kind of business and community development project, you just have to know where to look and how to apply. That's where Region IV Development can help!

Check out our new website to get started!

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

February SBA Interest Rates

25 Year - 3.598%

20 Year - 3.454%

10 Year - 3.096%

Region IV Development Association
Receives One Million Dollars in USDA Funds to Establish a New Revolving Loan Fund

Twin Falls – Region IV Development Association, Inc. 
The purpose of the Intermediary Relending Program (IRP) is to provide critical access to capital to rural businesses through the establishment of a Revolving Loan Fund (RLF) program to relend funds to rural businesses. Through this IRP award, USDA provided a $1,000,000 loan to RIVDA to re-capitalize RIVDA’s RLF program. This is a subsequent loan to RIVDA to provide additional capital for rural businesses in response to great demand and strong success by RIVDA in achieving the goals for the IRP program.
To find out more call our office today!
(208) 732-5272
Learn more about the USDA investments in Idaho by clicking on the following link:
USDA-RD Invests in Idaho

Small Business Success Stories

Whether you are looking to start a business, expand your current business, or revitalize your current operations - we will walk step by step with you to find financing that will meet your needs. RIVDA can help small businesses of any size, from startups to expansions.

Check out the video to see how Region IV has assisted in the success of a few of the Magic Valley's favorite businesses in Twin Falls.

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.

Brownfield Revitalization Program

Property contamination is an unwelcome surprise.
The South-central Idaho Brownfield Revitalization Program can help you pay for a Phase I and/or Phase II Environmental Assessment before you commit to purchasing a property.
Brownfield Assessment Request
Site Access Agreement

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

Community Highlight

A Distinct Identity
Lincoln County Youth Center knows that our strength lies not only in the words we stand by, but most importantly through the actions of our initiatives. In March of 2020, our county and city leaders realized that by working together we could overcome our challenges much more efficiently, and that is why we ultimately decided to launch Lincoln County Youth Center.

Current after-school programs
K-5th grade: Agriculture and Stem Classes, Performing Arts, Communication, Lifetime Sports and Humanitarian Workshops.
6th-12th grade: Above workshops included, along with the Teen Association workshop that helps teens build life skills for creating a pathway into adulthood
Pre-school and Daycare also available!
Transportation is available from Shoshone, Dietrich and Richfield

New to 2022:
Build Your Own Business Program
for students 6th-12th grade
12-week training course on how to manage your own business!
students are eligible for up to $500 in start up costs
Summer curriculum is currently being developed by staff and may include gardening/greenhouse projects, fishing and camping trips, drama and journalism camps!

"Our kids are the best on earth. Every day I walk into the center, they brighten my day and fill my heart. Our staff is working daily to create project-based experiences for the kids that will encourage them to grow and explore for the rest of their lives."
-Karma Metzler Fitzgerald, Chairman, Lincoln County Youth Commission

410 South Main
Richfield, Idaho

Acquisition of the property and partial renovations to the Lincoln County Youth Center
made possible by the Department of Commerce Community Development Block Grant program,
administered by Region IV Development Association.

Non-Governmental Grant Opportunity

Fire House Subs
Public Safety Foundation
Grant Application

The mission of the Firehouse Subs Public Safety Foundation is to impact the lifesaving capabilities, and the lives of local heroes and their communities by providing lifesaving equipment and prevention education tools to first responders, nonprofits and public safety organizations.

Important Dates:
Grant portal reopens for Q2 2022:
Thursday, January 13, 2022
Wednesday, February 16, 2022

Follow Us