Rural Economic Development Loan and Grant Program (REDLG)

 
Catalog of Federal Domestic Assistance Number: 10.854
Sponsor
USDA Rural Development
Deadlines
Applications accepted on an ongoing basis
Contact

A list of Rural Development State Office contacts is available on the USDA website.

Purpose

The Rural Economic Development Loan and Grant Program (REDLG) is designed to promote rural economic development and job creation projects.

REDLG provides funding to rural projects through local utility organizations. Examples of eligible projects include:

  • Facilities and equipment for medical care to rural residents
  • Start-up venture costs, including, but not limited to financing fixed assets such as real estate, buildings (new or existing), equipment, or working capital
  • Business expansion
  • Technical assistance
  • Business Incubators
  • Community Development Assistance to non-profits and public bodies (particularly job creation or enhancement)
  • Facilities and equipment for education and training for rural residents to facilitate economic development
Eligibility

Loans and grants may be made to any entity that is identified by USDA Rural Development as an eligible borrower under the Rural Electrification Act.

Geographic coverage
Nationwide
Amount of funding

Up to $300,000 in grants.
Up to $1,000,000 in loans.

Application process

Entities wishing to apply for assistance should contact a Rural Development State Office to receive further information and copies of the application package. A list of Rural Development State Office contacts is available on the USDA website.

Tagged as
Capital funding · Clinics · Community and economic development · Hospitals · Technology for health and human services · Telehealth



For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.