Monthly newsletter from
Region IV Development Association, Inc.
"Everything good, everything magical happens between the months of June and August."
~ Jenny Han
Thank you to everyone that came to the workforce housing symposium!
If you are an employer in the area affected by the lack of middle-income housing, we would like to hear from you.
Check out the survey below.
RIDE Twin Falls Transit app is now available in Apple and Android app stores. Download the app today to reserve your ride on the City of Twin Falls first public micro-transit.
More information about RIDE TFT here: https://www.tfid.org/834/Public-Transportation
HUD MAKES $2 MILLION IN FUNDING AVAILABLE TO SMALL COMMUNITIES THROUGH MAIN STREET PROGRAM
The US Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $2 million through the HOPE VI Main Street Program. This grant program provides assistance to communities looking to create affordable housing in central business districts (Main Street areas) that are undergoing redevelopment. HUD is looking to target Main Street areas in cities with this funding opportunity.
“HUD recognizes that cities are in need of revitalization across the country,” said HUD Secretary Marcia L. Fudge. “We want to support city governments in their efforts to restore economically crucial business districts by providing housing in these areas.”
The main program objectives are to:
1. Redevelop Main Street areas
2. Preserve historic or traditional Main Street area properties by replacing unused commercial space in buildings with affordable housing units
3. Enhance economic development efforts in Main Street areas
4. Provide affordable housing in Main Street areas
Eligible applicants are limited to Units of General Local Governments with a population of 50,000 or less and 100 or fewer public housing units within its jurisdiction. The application deadline is on 10/12/2023. To learn more about the program and apply, visit here.
Region IV Development Loan Programs
Looking for financing for your business? Give us a call to see if we can assist your business with one of our loan programs.
July SBA 504 Interest Rates
25 Year - 6.58%
20 Year - 6.64%
10 Year - 7.07%
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).
Our 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 us today:
Adeanna Jenkins - Community Development Planner
(208) 732-5727 x3008, firstname.lastname@example.org
Brenda Hastreiter - Project Specialist
(208) 732-5727 x 3007, email@example.com
Dr. Michele McFarlane - Community Development Planner
(208) 732-5727 x3005, firstname.lastname@example.org
Operation Facelift 2023 is currently looking for sponsors for community projects!
Call Mary Hollenbeck, Rural Economic Development Services Program Manager for details.
208.732.5727 ext 3013
Grant Funding Opportunity
The Comprehensive Economic Development Strategy contributes to effective economic development by utilizing a locally-based, regionally driven economic development planning process. Our regional plan is strategy-driven and will enable RIVDA in creating an economic roadmap to diversify and strengthen our regional economy.
The RIVDA CEDS analyzes the regional economy, addresses regional economic problems, and serves as a guide for establishing regional goals and objectives.
Click the CEDS to read more.
President and CEO
President and CEO