Government Grants for Rural Development
Government grants for rural development aid small or economically deprived areas with job creation or retention and build community facilities. Grants are competitive, with all proposals evaluated thoroughly to determine which projects offer the most benefit to a given area. Government grant application should demonstrate a detailed plan to accomplish a project in a designated time frame. The amount of funding awarded depends upon the specific grant and is given on an annual basis.
Rural Development Business Industry Guaranteed Loan Program
Rural Development Business Industry Guaranteed Loan Program provides funds to develop business or commercial opportunities in economically disadvantaged rural areas. Projects, which typically receive funding through this governmental grant, include financing and development of new business and aiding in economic or environmental developments in rural areas. Guaranteed loans to business owners reduce the risk associated with traditional or secondary market high-interest loans. This grant requires that at least one of the following initiatives are a part of the project: increased employment, improvement of the environmental or economic in the community, enhancement of conservation or development of water infrastructure or reduction of nonrenewable sources. Grants can be awarded to both profit or nonprofit entities.
Rural Development Business Industry Guaranteed Loan Program
Room 205-W Mail Stop 0107
1400 Independence Ave. SW
Washington, DC 20250
(202) 720-4581
rurdev.usda.gov/rbs/busp/b&I_gar.htm
Rural Development Business Enterprise Program
The Rural Development Business Enterprise Program offers funding for rural areas to develop small businesses and create distance-learning options for residents. Eligible applicants include municipalities, state agencies, rural nonprofit organizations and Indian Tribes. Individuals seeking grant funding to aid with business development must gain approval from and work through a local city or state agency. Award amounts vary depending upon both the size of the project and the annual amount allotted to the grant program. Programs which have previously been awarded grant funds include land acquisition projects, building renovation and construction, purchase of easements or right of ways, pollution control, road and parking area creation or repair, adult job training, public transportation, start-up loans and equipment purchases.
Rural Development Business Enterprise grant Program
Room 205-W Mail Stop 0107
1400 Independence Ave. SW
Washington, DC 20250
(202) 720-4581
rurdev.usda.gov/rbs/busp/rbeg.htm
Community Facilities Direct Loan and Grant Program
Community Facilities Direct Loan and Grant Program primarily aids with projects geared to creating or enhancing public facilities in rural communities. Funds are used to create community-based programs or facilities that bolster the quality of life in rural areas. Projects, which typically receive funding, include green spaces, shelter houses, parks, transportation initiatives, assisted living facilities, community centers, fire and police departments, hospitals and schools. Funds are distributed through grant awards, direct loans and guaranteed government loan plans. Non-profit organization, Indian tribes and municipal or country departments are eligible applicants for this type of competitive grant program.
Community Facilities Direct Loan and Grant Program
Room 205-W Mail Stop 0107
1400 Independence Ave. SW
Washington, DC 20250
(202) 720-4581
rurdev.usda.gov/rHS/cf/cp.htm
Tags: Rural Development, Rural Development Business, Development Business, rural areas, 0107 1400, 0107 1400 Independence, 1400 Independence
