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Rural Economic Development Loans

Wheatland Electric is committed to economic growth in all of the wonderful communities we serve.  That’s why, for years, we’ve been making low-interest loans for community and economic development projects.  It’s called the Rural Economic Development Loan program —REDLG for short— and we administer it in partnership with the USDA. 

The money we lend out is intended for two purposes.  The first is community development projects such as hospital expansions, new fire trucks and improved library facilities.  These loans are often granted to local municipalities or non-profits with the goal of benefiting the community.

The second purpose is economic development projects, particularly starting up a new business or expanding an existing one.  The goal of this second type is to support businesses that create jobs.  These loans are issued to private businesses, which, in the past, have included, agricultural feed manufacturers, ethanol producers and food processing plants.

Since the program began, Wheatland Electric Cooperative has loaned out more than $2,609,400 dollars for rural development. Interested community groups and businesses can learn more about the process below.

coins
REDL Brochure Wheatland-updated.pdf
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©2021 Wheatland Electric Cooperative, Inc. All Rights Reserved.

  • My Account
    • Billing
      • SmartHub
      • Prepay Power
      • Invoice Billing
      • Bank Draft Application
      • Payment Arrangement
      • Cold Weather Rule
    • Services
      • Sign Up For Service
      • Wheatland Broadband
      • Wheatland Water
      • Co-op Connections Discounts
      • Life Support Equipment
      • Mobile Apps
  • Member Services
    • Community
      • Cram the Van Food Drive
      • Sharing Success Program
      • Rural Economic Development Loans
      • Youth Tour Program
      • Scholarship Program
      • Bryan Conference Center
      • Broadband For Community Events
      • Bottled Water For Community Events
      • Stranded Motorist Assistance
      • Kill-A-Watt EZ
      • HVAC Rebates
    • News
      • News Stories
      • Media Contacts
      • Kansas Country Living
  • My Cooperative
    • About
      • Your Cooperative Believes In Transparency
      • Our Story
      • Our Offices
      • Contact Us
      • By the Numbers
      • About Touchstone Energy
      • Service Territory
      • 7 Cooperative Principles
      • Membership Power
      • Careers
    • General Info
      • Board of Directors
      • Executive Team
      • Co-op Bylaws
      • Rules & Regulations
      • Compliance Reports
      • Annual Meetings & Reports
      • Events
      • Tariffs
      • Capital Credits
      • How are we doing?
      • How are we doing?
  • Education and Safety
    • Energy Education
      • How Power Is Restored After An Outage
      • Energy Efficiency - Residential
      • Energy Efficiency - Commercial
      • Where Does Our Electricity Come From
      • Together We Save
      • Wildlife Protection
    • Safety
      • Request Safety Demonstrations
      • Safety Tips
      • Call Before You Dig
      • Tree Planting Safety
      • Portable Generator Safety
      • Safe Electricity
      • Safety Quiz
      • Coronavirus (COVID-19)
  • Outages
    • View or Report Outage
    • Preparing for an Outage