News & Events

Marcia Erickson grew up on a cattle farm in rural South Dakota where neighbors knew and took care of one another. If one neighbor fell ill or got hurt when it was time to bring in the corn, the others were ready to help. “The crops can’t wait,” Erickson said...Continue Reading

GROW South Dakota has been serving South Dakotans since 1966. Our mission is “Serving people’s housing, business, and community needs through opportunities and development.”In recognition of Homeownership Month, let’s take a closer look at GROW South Dakota’s housing programs and how they help individuals and families achieve the dream of...Continue Reading

GROW South Dakota is pleased to share that we recently received $341,250 through the Federal Home Loan Bank of Des Moines (FHLB Des Moines) Member Impact Fund grant program to advance our vision of growing sustainable communities through housing, community, and economic development. This investment provides critical operational support to...Continue Reading

Budgeting isn’t exactly a popular topic to talk about. Who likes the idea of not getting what we want?Instead of looking at a personal household budget as something to hold you back from making an amazing purchase or buying something you love, it's actually a really cool tool that acts...Continue Reading

For over four decades, GROW SD has been on a mission to support entrepreneurs across South Dakota through affordable business financing.Whether you’re looking to purchase real estate, equipment, or inventory to grow and scale your operations, as your partner in economic growth, we’re here to help. Both startups and existing...Continue Reading

For over 40 years, GROW South Dakota has been a key player in promoting homeownership throughout the state.But did you know that as a statewide lender, we can also provide new and potential residents with down payment assistance?Down Payment Assistance in South DakotaWe understand that saving for a down payment...Continue Reading

Lauren, Owner of Oldies Grill and Lounge in Bowdle, SD, took on the challenge of completing and passing 10 digital literacy classes through GROW South Dakota’s Learn to Earn a Device Program. Through this initiative, Lauren not only gained valuable digital skills but also received a Chromebook—a tool that isalready...Continue Reading

With the challenge of safe and affordable housing affecting many communities, William was determined to make a difference in the town where he grew up. He reached out to GROW South Dakota to inquire about a business loan to purchase and renovate rental homes throughout the community of Sisseton, South...Continue Reading

When Hannah applied for a mortgage loan through traditional financing, she was denied. Despite having an established credit line, her fiancé had no credit history, and the property they hoped to purchase—a farm site—made securing a loan even more difficult.Thankfully, the loan officer referred Hannah to the housing lending team...Continue Reading

Akiptan and GROW South Dakota receive grants to expand economic  opportunity for rural and tribal entrepreneurs statewide Mobridge, SD – Aug. 11, 2025 – The Wells Fargo Foundation recently announced a  $1 million philanthropic investment to support small business growth across South  Dakota, with a focus on empowering entrepreneurs in rural...Continue Reading

Each year, NeighborWorks Week offers a special opportunity to reflect on the impact of community development and the power of partnerships. As we celebrate this week, we are proud to honor our journey as a chartered member of NeighborWorks America since May 2007. From the very beginning, our mission has been...Continue Reading

 Catherine Ramsell was in a bind. She knew that she needed to replace her 50-year old furnace, but had no idea where to start. Being on a fixed income, she was unsure of whether or not she would be able to come up with the money to replace an entire...Continue Reading

Autumn Neigel founded Chasing Dandelions Play Therapy and Counseling Services, a one-of-a-kind business in her community. As she embarked on her counseling journey, she quickly recognized a significant gap in mental health services for young children. "I saw a need to work with young children in mental health where previously,...Continue Reading

Starting a business can be overwhelming, and financing is just one piece of the puzzle. Fortunately, GROW South Dakota has knowledgeable staff who are ready to help you get started. When Derek Diedrich, owner of Fun Time Rentals, was planning his venture, he sought advice from a local banker who...Continue Reading

It was a journey filled with ups and downs, but Alexis's dream of purchasing her first home became a reality with the help of GROW South Dakota. Her story is a testament to the organization's commitment to supporting individuals on their path to homeownership.Alexis had always dreamed of having a...Continue Reading

For more than 40 years, Grow SD’s mission has been providing innovative advancement of housing, education, and economic opportunities throughout South Dakota. David Lau utilized Grow SD’s services that support business owners through loans and business technical assistance. Lau owns Lau Repair and Trucking, located in rural South Dakota, and has...Continue Reading