A community within the Stanton County Public Power District is currently working on a downtown revitalization project. The Community Development Block Grant (CDBG) program of funding for Downtown Revitalization Plan (DTR) and business district improvements have been successfully implemented in area communities including Madison, Neligh, Creighton, Wausa, Hartington, Laurel, Wayne and Norfolk.
The City of Stanton, Stanton Business Coalition, and Stanton Downtown Revitalization Committee has been working with Five Rule Rural Planning to gather business and community input for the development of a Stanton DTR Plan which will guide redevelopment and revitalization of the business district. In September, the City will apply for an additional $400,000 CDBG DTR grant funding to implement projects recommended by the Stanton DTR Plan. Those projects may include improvements to business buildings, sidewalks, and demolition of dilapidated buildings. The grant will require a minimum $100,000 of local matching funds which will be provided by participating businesses.
Stanton County Public Power District is offering its Revolving Loan Fund (RLF) to help promote this project and promote development of local businesses. The Revolving Loan Fund was created through a USDA grant and is designed to assist in the development of our rural economy. If a business is interested in a DTR project but may need some additional financing, please consider exploring our program.
We believe the RLF can be a useful tool in the revitalization project. If you are interested in exploring these options, please call the office for more details.