Monthly newsletter from
Region IV Development Association, Inc.

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

"Far up in the deep blue sky, great white clouds are floating by; all the world is dressed in green; many happy birds are seen, roses bright and sunshine clear show that lovely June is here."

-F.G. Sanders

On June 19, 1865 enslaved African Americans in Texas were told they were free. A century and a half later, people across the U.S. continue to celebrate the day, which in now a federal holiday.

Our office will be closed on Monday, June 19, 2023 to honor this glorious day.

Thank you to everyone that joined us on June 1st, to welcome Sheba Person-Whitley, the EDA Seattle Regional Director to the Magic Valley! This is the first time we have had the opportunity to host the EDA Regional Director in Idaho. Topics discussed were the impact and benefits of EDA in the region, the importance of collaboration, and future funding resources in economic development.

If you have questions about EDA funding give us a call today.

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

June SBA 504 Interest Rates

25 Year - 6.33%

20 Year - 6.34%

10 Year - 6.784%

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

mhollenbeck@csi.edu

Grant Funding Opportunity

Calling all small towns with populations fewer than 50,000! The next round of the

T-Mobile Hometown Grant program is now open.

Brought to you in partnership with Main Street America and Smart Growth America, the T-Mobile Hometown Grant program provides grants of up to $50,000 to help build stronger, more prosperous small towns and rural communities!

Since the program's start, T-Mobile has given more than $6.6 million dollars to kickstart over 150 community development projects, including the latest winning recipients.

Towns with 50,000 people or less can apply for a grant of up to $50K to fund projects to build, rebuild, or refresh community spaces that help foster local connections in your community. For example, you could implement tech upgrades at your library, refresh a local park, or break ground on a new place where neighbors can connect.

Need more time to submit your application? The next round of funding opens April 1, 2023 with a deadline of June 30, 2023.

Learn More

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

"Far up in the deep blue sky, great white clouds are floating by; all the world is dressed in green; many happy birds are seen, roses bright and sunshine clear show that lovely June is here." -F.G. Sanders

On June 19, 1865 enslaved African Americans in Texas were told they were free. A century and a half later, people across the U.S. continue to celebrate the day, which in now a federal holiday. Our office will be closed on Monday, June 19, 2023 to honor this glorious day.