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USDA Community Facilities Loan and Grant Program
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Catalog of Federal Domestic Assistance Number: 10.766 |
Program
web site |
http://www.rurdev.usda.gov/rhs/cf/cp.htm
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| Sponsor |
USDA Rural Development |
| Deadlines |
Applications accepted on an ongoing basis |
| Purpose |
Community Programs, a division of the Housing and Community Facilities Programs, is part of the United States Department of Agriculture's Rural Development mission area. Community Programs administers programs designed to develop essential community facilities for public use in rural areas. These facilities include schools, libraries, childcare, hospitals, medical clinics, assisted living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation. Through its Community Programs, the Department of Agriculture is striving to ensure that such facilities are readily available to all rural communities. Community Programs utilizes three flexible financial tools to achieve this goal: the Community Facilities Guaranteed Loan Program, the Community Facilities Direct Loan Program, and the Community Facilities Grant Program. |
| Eligibility |
Community Programs can make and guarantee loans to develop essential community facilities in rural areas and towns of up to 20,000 in population. Loans and guarantees are available to public entities such as municipalities, counties, and special-purpose districts, as well as to non-profit corporations and tribal governments.
Applicants must have the legal authority to borrow and repay loans, to pledge security for loans, and to construct, operate, and maintain the facilities. They must also be financially sound and able to organize and manage the facility effectively.
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Geographic
coverage |
Nationwide |
Amount of
funding |
Amount varies. |
Application
process |
Applications are handled by USDA Rural Development field offices. For a listing of field offices, see http://www.rurdev.usda.gov/recd_map.html
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For more information contact:
USDA Rural Development State Offices
http://www.rurdev.usda.gov/recd_map.html
Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. |
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