Rural Development Finance Corporation 

The Rural Development Finance Corporation (RDFC) is a North Dakota nonprofit finance and development corporation whose member-owners are all the North Dakota Rural Electric Cooperatives, nine of the North Dakota Rural Telecommunication Cooperatives and the North Dakota Association of Rural Electric Cooperatives.  

Guidelines:

• Eligible projects: community owned businesses (café, grocery store, motel, other); community facilities (such as ambulance services, fire districts, recreation, hospital/clinic, community center, etc.); workforce development or community-based projects (such as school/youth projects) that benefit rural areas and lead to community betterment.
• RDFC does not provide funds for medical fundraisers or general operating costs.
• Matching funds: $4 dollars of other funds to every $1 of RDFC funds. (for example: $8,000 in matching funds needed for a $2,000 grant request)
• Maximum/minimum grant amounts: The minimum grant amount is $1,000; the maximum is $2,000.

Thank you for your interest in the RDFC program. All available 2026 funds have been awarded. We invite you to check back in spring 2027 for updates and information on the next funding cycle.