July Newsletter 2023


Monthly newsletter from
Region IV Development Association, Inc.

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The Region IV Development office will be closed Monday, January 17, 2022 in observance of Martin Luther King, Jr. Day.

"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


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.

Contact a loan officer today-
Rob Atkins, Loan Programs Manager
(208) 732-5727 ext. 3002
Amy Brinkman, Loan Officer
(208) 732-5727 ext. 3006

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: 

Our Team: 

Adeanna Jenkins - Community Development Planner

(208) 732-5727 x3008, adeannajenkins@csi.edu

Brenda Hastreiter - Project Specialist

(208) 732-5727 x 3007, bhastreiter@csi.edu 

Dr. Michele McFarlane - Community Development Planner

(208) 732-5727 x3005, mamcfarlane@csi.edu



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.

Jeff McCurdy
President and CEO

The U.S. Department of Commerce’s Economic Development Administration (EDA) defines the term “Economic Development” as “Creating the conditions for economic growth and improved quality of life by expanding the capacity of individuals, businesses, and communities to maximize the use of their talents and skills to support innovation, job creation, and private investment.” As someone that has been in the industry sector for nearly two decades, I have learned that Economic Development in Southern Idaho doesn’t just happen on its own. It takes leadership, planning, collaboration, and the use of available resources. 
Southern Idaho has experienced tremendous economic growth for many years and 2022 was no exception. Despite rising inflation and market uncertainty, the region’s economy has continued to flourish. That success is built upon strong leadership from our government leaders, effective business owners, and dedicated economic development professionals, like Region IV Development Association, Inc. 
RIVDA had great success in 2022. Through our various loan programs, we were able to help many small businesses obtain financial capital to grow and expand their businesses. We were able to kick off our Brownfield Assessment and Brownfield Revolving Loan Fund programs. We were able to assist several communities across the region obtain financing to improve water systems, sewer systems, community parks, senior/community centers, and emergency responders to obtain additional equipment. We were able to bring the Rural Economic Development Services program back under Region IV Development’s Management, which is a great program that helps strengthen our regional’s rural areas.                    
We are looking forward to an exciting and prosperous 2023. Please feel free to reach out to any member of the RIVDA Team as we work together to achieve economic success this coming year!   
-Jeff McCurdy


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