MINOT, N.D. – SRT Communications, Inc. is a member of the Rural Development Finance Corporation (RDFC). As a result, communities in SRT’s service area are eligible to apply for a grant for community-based projects. RDFC makes these funds available in order for more people to become aware of their larger loan program that funds community-based projects and non-profit entities with low interest loans.
“This program has allowed SRT to fund additional projects in our communities and create an even larger impact with our giving. RDFC is a valuable program, and we are happy to match funds for these worthy projects,” said Steve Lysne, SRT CEO/General Manager.
RDFC recently awarded a $1,000 grant to the City of Sherwood and SRT matched those funds with an additional $1,000 donation. The Main Street Revival project in Sherwood will enhance the community by restoring the original town jail which was built in the 1920s. The building is deteriorating in its current location and will be moved to Main Street and restored to its original character. The building is a part of the city’s history and will be used for community activities.
For more information on the Rural Development Corporation Grant Program, and SRT’s partnership, visit srt.com/srtcares under Community Development.
SRT Communications located in Minot, North Dakota is the state’s largest telecommunications cooperative. SRT services include Internet, Security, TV, Phone and Business Services and has served north central North Dakota since 1951, employs more than 200 people, and serves over 48,000 customers.
The Rural Development Finance Corporation (RDFC) is a nonprofit corporation that encourages economic diversification and community vitality through the generation of funding that supports sustainable asset building. Funding for RDFC programs comes from fee income generated by Dakotas America LLC, a community development entity providing New Market Tax Credits in economically distressed census tracks across the United States. The North Dakota Association of Rural Electric Cooperatives provides support to RDFC.