Investing for Impact Resource Guide

Rural Housing Service | Community Facilities

Program Overview

Applicant

Population Additional Informatio n

Loans to lenders who then re-lend to applicants to fund essential community facilities in high- or persistent-poverty rural areas. Funds can be used to buy, build, or improve facilities such as hospitals, clinics, nursing homes, town halls, courthouses, child care centers, fire departments, museums, and libraries. Funds to improve, construct, develop, or finance essential community facilities for rural communities such as hospitals, clinics, nursing homes, certain schools, child care centers, fire and rescue, public safety facilities, libraries, and town halls Grants to identify and plan for community facility needs. Grant funds can be used to identify public and private financial resources, prepare reports, surveys, and applications, and to improve the operational and financial management of existing community facilities

Government organizations, community- based nonprofits, and federally recognized Tribes

Lenders can be located anywhere in the U.S. Community facility must be in a rural area with a population of 20,000 or fewer. Rural areas with populations of 20,000 or fewer for direct loans and grants; 50,000 or fewer for loan guarantees

Loan Guarantee website https://go.usa.gov/xzDw7 Program Type: Direct loans, grants and loan guarantee Direct loan and grant website: https://go.usa.gov/xzDvz Program Type: Grant Terms and Conditions: Maximum grant award is $150,000, with no match required. However, award preference is given to applicants who can provide cash matching funds. Website: https://go.usa.gov/xzDG9 Program Type: Loans Terms and Conditions: Fixed interest rates and terms up to 40 years. Terms of the loan from the re- lender to the applicant are negotiated between those parties. Website: https://go.usa.gov/xzDfD

Community Facilities

Direct Loans,

Grants and Guarantee Loans

Government organizations, community nonprofits, and federally recognized Tribes

Community Facilities Relending Program

Government organizations, nonprofits, and federally recognized Tribes

Rural areas with populations of 20,000 or fewer

Community Facilities Technical Assistance and Training Grants

Program Type: Grant Terms and Conditions:

Develops essential community facilities in rural communities enduring extreme unemployment and severe economic depression. Funds can be used to build, improve, or enlarge facilities used for health care, public safety, and public service.

Government organizations, nonprofits, and federally recognized Tribes

Rural areas outside of cities or towns with populations of 20,000 or fewer

EIIGs can be combined with USDA Community Facilities

Direct or Guaranteed Loans, an applicant contribution, or other sources of funding Website:

Economic Impact Initiative Grants

https://go.usa.gov/xzD7g

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