Adams Electric’s Community Development Fund (CD Fund) was created to improve the quality of life in communities served by Adams Electric. Low interest assistance from the CD Fund is intended to supplement other sources of funding from private lenders, public bodies, and non-profit economic development agencies for qualified community projects.
The CD Fund has three primary goals:
1. Make affordable credit resources available to public and non-profit entities to assist in improving the quality of life in the local community.
2. Help facilitate the participation of local commercial financial institutions and state or local governmental assistance programs in these projects.
3. Manage the CD Fund so that it grows over time and is available for future qualified community projects.