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West Central Initiative tells Clay County it has reinvested about $18 million locally over nearly 40 years

3287523 · May 13, 2025
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Summary

Representatives from West Central Initiative briefed the county on programs and reported $18 million in grants and loans returned to Clay County since 1986; presenters described recent loan activity, Main Street Revitalization grants and EDA planning work.

Representatives of West Central Initiative (WCI) updated the Clay County Board on the organization’s regional programs May 13 and presented a statement showing nearly $18 million in loans and grants reinvested in Clay County since WCI began lending in 1986.

Rebecca Lynn Peterson, WCI director of development and philanthropic services, told commissioners the cover check reflects long‑term reinvestment into the county’s businesses and communities. “That $18,000,000 check reflects the dollars that…

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