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Rural Health
Funding by Type: Loans

Summaries of funding programs are provided by RHIhub for your convenience. Please contact the funder directly for the most complete and current information.

Rural Illinois Medical Student Assistance Program (RIMSAP)
Loans and/or recommendations for University of Illinois Medical School students wishing to specialize in family practice or another primary healthcare field and who agree to practice in an approved rural community in Illinois.
Geographic coverage: Illinois
Application Deadline: Oct 1, 2020
Sponsors: Illinois Farm Bureau, Illinois State Medical Society
Water Infrastructure Finance and Innovation Act Program
Secured, direct loans and loan guarantees for eligible water infrastructure projects, with 15% of funds set aside for small, rural, and tribal communities.
Geographic coverage: Nationwide
Application Deadline: Oct 15, 2020
Sponsor: U.S. Environmental Protection Agency
North Dakota HIT Planning Loan Program
Low-interest loans for healthcare entities in North Dakota to build their health information technology infrastructure.
Geographic coverage: North Dakota
Application Deadline: Feb 1, 2021
Sponsor: North Dakota Health Information Technology
Business and Industry CARES Act Loan Guarantee Program
Program for lenders to guarantee their loans to rural businesses and agricultural producers to supplement their working capital to prevent, prepare for, and respond to the economic impacts of COVID-19.
Geographic coverage: Nationwide
Application Deadline: Sep 15, 2021
Sponsors: USDA Rural Business-Cooperative Service, USDA Rural Development, USDA Rural Utilities Service
Affordable Housing Loans for Low-Income Rural Communities
Short-term loans at below market interest rates to local nonprofits, for-profits, and government entities that are working to develop affordable housing for low-income, rural communities.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: Housing Assistance Council
Business and Industry Guaranteed Loans
Loan guarantees to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Community Facility Loans
Loans to help develop and improve essential community facilities in the rural West.
Geographic coverage: Available in 13 western states and the Pacific Islands. See program website for details.
Applications accepted on an ongoing basis
Sponsor: Rural Community Assistance Corporation
Drinking Water State Revolving Fund (DWSRF)
A federal-state partnership that provides funding and technical assistance to help water systems and states achieve the health protection objectives of the Safe Drinking Water Act.
Geographic coverage: Nationwide and U.S. Territories
Applications accepted on an ongoing basis
Sponsor: U.S. Environmental Protection Agency
Environmental Infrastructure Loans
Loans to finance water and waste facility projects in the rural West.
Geographic coverage: Available in 13 western states. See program website for details.
Applications accepted on an ongoing basis
Sponsor: Rural Community Assistance Corporation
Health Center Facility Loan Guarantee Program
Facilitates access to capital funding and reduces financing costs for health centers by guaranteeing up to 80% of financing needed to support capital infrastructure projects.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: Bureau of Primary Health Care, Health Resources and Services Administration, U.S. Department of Health and Human Services