The U.S. Department of Agriculture Rural Development operates a broad range of grant and loan programs that are critical to rural counties. These programs include grant funding and loan financing for water/wastewater infrastructure, community facilities, broadband, electric, telephone, housing, renewable energy and business development.
Rural Development loans and grants provide critical revenue streams to communities that meet the agency’s applicant eligibility requirements. For example, historically funded financial support programs range from essential public facilities and services such as water and sewer systems, housing, and health clinics to emergency service facilities and electric and telecommunications services. RD also promotes economic development by supporting loans to businesses through banks, credit unions and community-managed lending pools. Additionally, RD offers technical assistance and information to help agricultural producers and cooperatives get started and improve the effectiveness of their operations, and technical assistance to help communities undertake community empowerment programs.
Successful USDA RD Projects
Jul 16, 2013: Community Rallies to Save Historic Theater
It is fair to say that these projects may not have been funded without assistance from RD. Unlike their urban counterparts, rural communities cannot always tap into bond funds or secure private-sector funding for capital infrastructure projects.
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