June 6, 2017 Temple – The U.S. Department of Agriculture (USDA) is inviting applications for grants to support economic development in rural communities.
USDA is making grants available under the Rural Community Development Initiative (RCDI) program to strengthen the rural economy. Qualified intermediary organizations receiving RCDI grants will provide technical assistance and training to help nonprofit organizations and communities develop their capacity to undertake housing, community facilities or economic development projects. Applicants must have capacity-building experience for these types of projects and must provide matching funds at least equal to the RCDI grant. Grants range from $50,000 to $250,000.
“Rural Development is pleased to offer funding through the RCDI program,” said Acting State Director Daniel Torres, “This funding provides rural community leaders with the necessary tools to carry out housing, community facility and community and economic development projects.”
Eligible recipients are nonprofit organizations, low-income rural communities or federally recognized tribes. RCDI grants are not provided directly to businesses or individuals.
Examples of eligible projects include homeownership education, minority business entrepreneurship, strategic community planning or assistance to access alternative funding sources.
For more information on how to apply, see page 24281 of the May 26, 2017, Federal Register (Notice of Solicitation of Applications (NOSA) for the Rural Community Development Initiative (RCDI) for Fiscal Year 2017). The deadline to submit paper applications is July 25, 2017.
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; homeownership; community services such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.