Rural Electric Economic Development, Inc.

121 SE First Street, PO Box 227
Madison SD, 57042-0227


The Rural Electric Economic Development Fund (REED) was created by a group of 12 rural electric distribution (retail) cooperatives in 1996 to provide financing and help leverage private investment in rural communities in order to keep the rural economy viable.

CDFI Awards for Rural Electric Economic Development, Inc.


CORE (2002) - $1,000,000

The award from the CDFI Fund of $1,000,000 in financial assistance will allow REED to achieve its mission of participating in projects that will stimulate economic growth, lead to permanent job creation and retention, and improvements in rural development capacity, infrastructure, and facilities.



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