USDA Rural Development Community Facilities Grant and Loan Program
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How it Works
This program offers either grants or loans to help with the development of community facilities.
Funding Focuses On
The construction, enlargement, or improvement of a community facility related to health care, public safety, and community and public services. This may include food hubs and food-related businesses. The funds may cover the cost to acquire land, pay necessary professional fees, and equipment purchases. Funding focuses on rural towns with a population of no more than 20,000 people. Usually these funds are used for infrastructure improvements in rural towns.
Funding Limit
Grant assistance is available to cover up to 75% of total project costs. Projects will be selected on a priority point system; priority is given to projects that serve small communities and/or low-income communities. Loans follow specific interest rates depending on the median household income of the area being served and the type of project being held.
Qualifications
Grants and loans are available to public entities such as municipalities, counties, and special purpose districts, as well as to community-based nonprofit corporations and tribal governments.
Financing Geographic Area
United States