The Department of Agriculture Rural Housing Service awarded a $2,375,000 Project Grant to Planning & Development District III Inc. under the Meat and Poultry Intermediary Lending Program (CFDA 10.382). The grant will facilitate financing to qualified meat and poultry processors in South Dakota to increase processing capacity and help create new markets. As an intermediary, Planning & Development District III Inc. will provide $2.375 million in loans to eligible ultimate recipients for start-up or expansion projects involving meat and poultry processing. The grant period is from September 22, 2022 to September 24, 2024.
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