USDA: USDA Seeks Applications to Spur Job Growth and Economic Development in Rural Areas
31 Aug 2022
WASHINGTON, Aug. 31, 2022 – United States Department of Agriculture (USDA) Rural Development (RD) Under Secretary Xochitl Torres Small today announced that the Department is accepting applications for funding to help create jobs and economic growth in rural communities.
USDA is making loans and grants available under the Rural Economic Development Loan and Grant (REDLG) program. Through this program, USDA provides zero-interest loans and grants to current and former Rural Utilities Service (RUS) Electric Program and Telecommunications Program borrowers and utilities that are eligible to receive assistance from the RUS Electric or Telecommunication Programs. Applicants will use the funds to help local businesses finance projects that will create and retain jobs or finance community facility projects. Projects must be located in rural areas or towns with a population of 50,000 or less.