Black Hills Community Loan Fund Stories and Data

Black Hills Community Loan Fund Stories

HealthWorks
The project involves the rehabilitation and redevelopment of a 31,204 square-foot office building to serve as a healthcare facility in Cheyenne, Wyoming.
Warrior Meat Company
Mobile meat processing unit onsite at ranchers, finishing beef at facility in Ashland.
Warrior Grocery
Local grocery/deli serving reservation, buying from local ranchers, opening March 2022.
Chasing Dandelions brings Play Therapy to Aberdeen
Autumn Neigel founded Chasing Dandelions Play Therapy and Counseling Services, a one-of-a-kind business in her community.

Black Hills Community Loan Fund Fact Sheet

CDFI are critical in our outline areas. The focus areas and collaborative efforts with tribal members continue to be a success.

-Eric Shepherd, Sisseton Wahpeton Housing Authority, Sisseton, SD

CDFIs assist businesses and individuals that often cannot access bank capital. Especially in rural SD access to capital is difficult and the # of small banks have been reduced.

-Lori Finnesand, GROW SD, Sisseton, SD

The shift in business models among banks and credit unions—along with ongoing consolidation and the retreat from rural markets—has left a growing number of entrepreneurs without access to traditional financing. In response, MoFi and other CDFIs have become critical entry points for future bank customers.

-Heidi DeArment, MoFi

Map of Black Hills Community Loan Fund CDFI Branches and Stories