COMMUNITY FACILITIES DIRECT LOAN AND GRANT PROGRAM
US DEPARTMENT OF AGRICULTURE (USDA), RURAL DEVELOPMENT
Provide essential community facilities for rural communities.
Deadline to Apply
Accept applications year round.
Public bodies, counties, non-profit organizations, and Native American tribes.
Rural areas, cities, and towns with up to 20,000 population.
Funding Potential for Award–Funding is based on budget. Each state receives allocations. No minimum or maximum
Range of Awards–Amount will be determined during underwriting process
Funding Cycle – Duration–Once project has been obligated, borrower has 5 years to exhaust all funds
Source of Funds–Federal allocation
Deadline–Applications accepted year round
How to Apply–Apply through Rural Development
Selection Criteria & Decision Authority–Up to 100 percent of market value. Up to 40 years or life of security. Grand funds may be available.
Federal programs are funded by congress and administered according to federal regulations
USDA programs are standalone programs; however, encourage leveraging with any other funding source