The article reports that the Rural Economic Development Loan and Grant program of the U. S. Department of Agriculture (USDA) selected 17 utilities in 12 states in the U.S. to receive $9.2 million loans and grants.EBSCO_bspFederal Grants & Contracts Weekly...
"Under the leadership of Agriculture Secretary Perdue, USDA is a proud partner to utilities and cooperatives delivering reliable, affordable power to rural communities," Baxley said. "These loans will enhance rural economic development and help improve the quality of life for people who live...
The USDA also Home Improvement Loans and Grants that provide additional funds for very low income homeowners in an eligible rural area. These grants are funds that do not, in most cases, need to be paid back. Save an Average of $3,000 with Homes for Heroes Homes for Heroes has been ...
USDA repair loans and grants The USDA repair loan program (Section 504 Home Repair) is similar to the direct program in that it caters to low-income individuals. But it’s different in that it provides loans only up to $40,000 and only to help improve or fix a home — it’s not in...
REAP grants cover up to 25% or 50% of total eligible project costs. Grant awards range from $1,500 to $500,000 for EEI projects, and $2,500 to $1,000,000 for RES projects. 💼 Loan Guarantees REAP guaranteed loans are provided through lending institutions. These loans can finance up...
The USDA plays a crucial role in the financial ecosystem by overseeing programs such as subsidies, loans, and grants for farmers and agricultural businesses. These financial assistance programs help to mitigate financial risks, foster sustainable farming practices, and ensure a stable and secure food...
Keep in mind that the Rural Housing Service doesn’t actually make the loans, but rather guarantees from on behalf of private sector lenders, similar to how the VA and FHA operate. USDA Home Loan Insurance Costs USDA loans require mortgage insurance known as a “guarantee fee” ...
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in...
USDA givesfinancial assistance for purchasingand refinancing rural homes through USDA Rural Development. It provides direct loans to very-low-income borrowers who want to purchase a rural home, guaranteed loans to moderate-income homebuyers, and loans and grants for rural home improvements and repairs...
Department of Agriculture to provide financial and technical assistance for the organizational undertaking of rural housing as well as community development projects. The deadline regarding the application for the said grants have been scheduled on October 10, 2006. Furthermore, information about its ...