MSC News

MSC News National Headlines Sports Top Headlines CBS US News CBS Technology

Printer Friendly

Email to a Friend

RDA Requests Additional Funding

By Greg Bebermeyer and Heidi Wolfgang

02/03/2016

(KMZA)--Representatives of the Northeast Kansas Rural Development Association meet with the Nemaha County Commission Monday to request additional funding from the county.

Representatives of the economic development organization told Commissioners they would run out of funding by the end of October and requested another $10,000 to finish this year.

The RDA representatives also said they would need more funding in 2017 to keep from running out before the end of the year.

The representatives said there current allocation of $30,000 each year is no longer enough.

Commissioners agreed to provide additional funding so the organization could finish this year, but made no decision on funding for 2017.

In a related matter, RDA Director Nancy Gafford presented Commissioners with the semi-annual micro-loan report. Gafford said the loan account currently has $65,000 available for small business loans. New and existing businesses can apply for low-interest loans of up to $15,000 to buy real estate, equipment purchases or operating capital.

You will need to be logged in to leave a comment.

Please Login

The posting of advertisements, profanity, or personal attacks is prohibited.

Click here to review our Terms of Use.