Great Fls Development Authority Inc

The organization is a certified community development financial institution that provides gap and bridge financing to entrepreneurs, businesses, developers and non-profits who cannot secure all the financing they need from conventional sources. The organization has seven revolving loan funds capitalized from a variety of public and private sources. To date, the organization has made 190 loans totaling $65,797,674 that have made possible total investment of over $350,000,000, creating thousands of jobs, a number of new businesses and renovated properties, and hundreds of new apartments. The organization manages a separate non-profit, high plains financial, that is a sba-certified community development corporation providing sba 504 loans statewide across montana.

The organization is developing a heavy industrial rail-served industrial park, the great falls agritech park, to provide sites not available from the private sector for business startups, expansions and attraction. The organization has sold lots in the park to four companies. To date, three companies have completed new facilities in the park.

Special projects