Skip to main content

Capital Funding for Rural Healthcare – Funding & Opportunities

For additional funding options, please see RHIhub's Online Library: Funding & Opportunities

Capital Magnet Fund
Grants to finance affordable housing and community revitalization efforts that benefit low-income people and communities.
Geographic coverage: Nationwide
Application Deadline: Aug 26, 2019
Sponsor: U.S. Department of Treasury
Farm Labor Housing Direct Loans and Grants
Low interest loans and need-based grants to develop affordable housing for year-round, migrant, or seasonal domestic farm laborers.
Geographic coverage: Nationwide
Application Deadline: Aug 30, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development, USDA Rural Housing Service
Rural Broadband Access Loan and Loan Guarantee Program
Loans and loan guarantees to provide funds for the construction, improvement, and acquisition of facilities and equipment needed to provide broadband service in eligible rural areas.
Geographic coverage: Nationwide
Application Deadline: Sep 30, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Utilities Service
Rural Economic Development Loan and Grant Program (REDL and REDG)
Loans and grants to assist in the economic development of rural areas, including funds for healthcare facilities and equipment, telecommunications networks, and job creation projects.
Geographic coverage: Nationwide
Application Deadline: Sep 30, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Rural Energy Savings Program
Loans to qualified intermediaries, small businesses, and families to implement cost-effective energy efficiency measures.
Geographic coverage: Nationwide
Application Deadline: Sep 30, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service
Rural Energy for America Program (REAP) Renewable Energy Systems and Energy Efficiency Improvements Grants and Guaranteed Loans
Financing and grant funding for agriculture producers and rural small businesses to purchase, install, and construct renewable energy systems or complete energy efficiency improvements. An example of a potential project may be the installation of solar panels for hospitals or clinics to improve energy costs.
Geographic coverage: Nationwide
Application Deadline: Oct 31, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Affordable Housing Loans for Low-Income Rural Communities
Short-term loans at below market interest rates to local nonprofits, for-profits, and government entities developing 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
Economic Impact Initiative Grants
Funding to assist in the development of essential community facilities in rural communities that have extreme unemployment and severe economic depression.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Federal Surplus Property Available for Public Use
Property that is no longer needed by the federal government that has been made available for public use.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: U.S. General Services Administration
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: Health Resources and Services Administration, U.S. Department of Health and Human Services
HUD Section 242: Hospital Mortgage Insurance Program
Loan and mortgage insurance program to help acute care hospital facilities with remodeling, expansion, modernization, equipment, refinancing, and acquisition.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: Federal Housing Administration, U.S. Department of Housing and Urban Development
Intermediary Relending Program (IRP)
Provides low interest loans to intermediaries that re-lend to businesses to improve economic conditions and create jobs in rural communities.
Geographic coverage: Nationwide and U.S. territories
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Opportunity Zone Economic Development Program
A program designed to encourage economic development and job creation in distressed communities through tax benefits. Investors may defer taxes on most capital gains up to Dec. 31, 2026 by making an eligible investment in an Opportunity Zone.
Geographic coverage: Nationwide and U.S. territories
Applications accepted on an ongoing basis
Sponsors: Community Development Financial Institutions Fund, U.S. Department of Treasury, U.S. Internal Revenue Service
Oweesta Native CDFI Loan Funds and Technical Assistance
Oweesta is an intermediary organization that provides financial products and development services for Native Community Development Financial Institutions (CDFIs). The primary goal is to support Native CDFIs so that they have the capacity to assist individuals, businesses, and organizations with financing and technical assistance for the development of small businesses, affordable housing/home ownership, community facilities, financial education programs, and agriculture/food sovereignty in Native communities.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: First Nations Development Institute, First Nations Oweesta Corporation
Project TRANSAM
A cooperative action program between the Indian Health Service and the Department of Defense that allows for redistribution of surplus medical equipment and supplies for federally recognized Tribes.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: Indian Health Service, U.S. Department of Defense, U.S. Department of Health and Human Services
Rural Business Development Grants
Supports targeted technical assistance, training, and other activities leading to the development or expansion of small and emerging private businesses in rural areas that have fewer than 50 employees and less than $1,000,000 in gross revenues.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
SBA 7(a) Guaranteed Loans
Loan guarantees to financial institutions that provide loans to small businesses (including small healthcare practices) for working capital, equipment purchase, real estate purchase, building construction/renovation, business acquisition, and debt refinancing.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: Small Business Administration
SBA Certified Development Company (504) Loan Program
Provides small businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. 504 Loans are potential options for healthcare practitioners who want to build a new office or expand or renovate an existing medical building.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: Small Business Administration
Section 108 Loan Guarantee Program
Funding that provides communities with a source of financing for economic development, housing rehabilitation, public facilities, and physical development projects, including improvements to increase resilience against natural disasters.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: U.S. Department of Housing and Urban Development
Southeast Rural Community Assistance Loan Fund Program
Community development loans to local governments, public service authorities, user associations, nonprofit organizations, and other community entities for the development and/or construction of large-scale community projects.
Geographic coverage: North Carolina, Florida, Georgia, Virginia, Maryland, Delaware and South Carolina.
Applications accepted on an ongoing basis
Sponsor: Southeast Rural Community Assistance Project
Sunderland Foundation Grants
Supports capital improvement and one-time special projects in the areas of higher education, human services, arts and culture, and healthcare and hospitals.
Geographic coverage: Missouri, Kansas, Nebraska, Arkansas, Iowa, Idaho, Oregon, Washington, Utah, and Montana.
Applications accepted on an ongoing basis
Sponsor: Sunderland Foundation
Telecommunications Infrastructure Loans and Loan Guarantees
Loans and loan guarantees for the construction, maintenance, improvement, and expansion of telephone service and broadband in rural areas.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Utilities Service
USDA Community Facilities Direct Loan and Grant Program
Direct USDA loans and/or grants to construct, enlarge, or improve essential community facilities for healthcare, public safety, education, and public services in rural areas.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
USDA Community Facilities Guaranteed Loan Program
Loans from eligible private lenders, guaranteed by USDA, to help build essential community facilities in rural areas.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Community Economic Development Focus on Social Enterprises Inactive
Grants to provide technical and financial assistance to support organizations willing to create or expand social enterprises that will work to reduce personal or community barriers and provide economic support through the creation of employment and business opportunities for individuals and families with low income. Bonus points will be given to projects that create jobs in rural communities and counties of persistent poverty.
Geographic coverage: Nationwide
Application Deadline: Aug 5, 2019
Sponsors: Administration for Children and Families, U.S. Department of Health and Human Services
BUILD Discretionary Grants Inactive
Grants for capital investments in unmet surface transportation infrastructure needs with an emphasis on rural areas and tribal lands.
Geographic coverage: Nationwide and U.S. Territories
Application Deadline: Jul 15, 2019
Sponsor: U.S. Department of Transportation
Small Ambulatory Program for American Indians and Alaska Natives Inactive
Funding to construct, expand, and/or modernize, Tribal or Tribal Organization owned, small ambulatory healthcare facilities that serve American Indian and Alaska Natives and that are operated pursuant to a healthcare services contract or compact entered into under the Indian Self-Determination and Education Assistance Act.
Geographic coverage: Nationwide
Application Deadline: Jun 28, 2019
Sponsors: Indian Health Service, U.S. Department of Health and Human Services
Community Facilities Technical Assistance and Training Grant Inactive
Grants to intermediary organizations to provide technical assistance and training for rural organizations and agencies to identify and plan for community facility needs that exist in their area, and once those needs have been identified, locating public and private resources to finance those identified needs. Priority will be given to applications that address USDA's goal to reduce the morbidity and mortality associated with Substance Use Disorder (including opioid misuse) in high-risk rural communities.
Geographic coverage: Nationwide
Application Deadline: Jun 17, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Community Development Financial Institutions (CDFI) Program Inactive
Funding for Community Development Financial Institutions (CDFIs) to promote economic revitalization in low-income communities. Works to build capacity of programs that serve low-income people who lack access to affordable financial products and services.
Geographic coverage: Nationwide
Application Deadline: Jun 6, 2019
Sponsor: U.S. Department of Treasury
Native American Community Development Financial Institution Assistance Program (NACA) Inactive
Funding to increase access to credit, capital, and financial services in Native Communities through the creation and expansion of Community Development Financial Institutions (CDFIs) primarily serving Native Communities.
Geographic coverage: Nationwide
Application Deadline: Jun 6, 2019
Sponsor: U.S. Department of Treasury
Community Economic Development (CED) Projects Inactive
Grants to Community Development Corporations (CDCs) for projects designed to address the economic needs of low-income individuals and families through the creation of employment and business opportunities, including expansion or construction of clinics and health centers. Bonus points will be given to projects that create jobs in rural communities and counties of persistent poverty.
Geographic coverage: Nationwide
Application Deadline: Jun 3, 2019
Sponsors: Administration for Children and Families, U.S. Department of Health and Human Services
Healthcare Connect Fund Inactive
Provides assistance to healthcare providers for eligible expenses related to broadband connectivity at a flat discounted rate of 65%. Participants can apply as a member of a consortium or a stand-alone entity.
Geographic coverage: Nationwide
Application Deadline: May 31, 2019
Sponsor: Universal Service Administrative Company
Distance Learning and Telemedicine Program Grants Inactive
Grants to improve telemedicine and distance learning services in rural areas through the use of telemedicine, computer networks, and related advanced technologies.
Geographic coverage: Nationwide
Application Deadline: May 15, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service
Oral Health Services Expansion Grants Inactive
Awards funding to Section 330 Health Center grantees to enhance or expand oral health services.
Geographic coverage: Nationwide
Application Deadline: Apr 22, 2019
Sponsors: Bureau of Primary Health Care, Health Resources and Services Administration
Community Connect Broadband Grant Program Inactive
Grants for communities without broadband service to provide residential and business services and connect facilities, such as police and fire stations, healthcare, libraries, and schools.
Geographic coverage: Nationwide and U.S. Territories
Application Deadline: Apr 15, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service
Distance Learning and Telemedicine Program Grants - Opioid Inactive
Grants to improve access to opioid treatment in rural areas through the use of telemedicine, computer networks, and related advanced technologies.
Geographic coverage: Nationwide
Application Deadline: Apr 15, 2019
Sponsors: U.S. Department of Agriculture, USDA Rural Development, USDA Rural Utilities Service
Community Development Block Grant (ICDBG) Program for Indian Tribes and Alaska Native Villages Inactive
Grants for the development of Indian and Alaska Native communities, including housing, public service facilities, healthcare entities, and economic development projects.
Geographic coverage: Nationwide
Application Deadline: Mar 20, 2019
Sponsor: U.S. Department of Housing and Urban Development
Small Rural Hospital Improvement Program (SHIP) Inactive
Provides funding to small rural hospitals, through their State Office of Rural Health, to help them do any or all of the following: purchase equipment or training to attain value-based payment and care goals; join or become an accountable care organization; and purchase health information technology, equipment, or training.
Geographic coverage: Nationwide
Application Deadline: Jan 3, 2019
Sponsors: Federal Office of Rural Health Policy, Health Resources and Services Administration, U.S. Department of Health and Human Services
Delta Health Care Services Grant Program Inactive
Grants to address unmet health needs in the Delta Region through cooperation among healthcare professionals, institutions of higher education, research institutions, and other entities.
Geographic coverage: Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri, Tennessee
Application Deadline: Nov 26, 2018
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Strategic Economic and Community Development Program Inactive
A program that allows USDA to give priority for projects that support the implementation of regional economic development plans through several USDA Rural Development funding programs.
Geographic coverage: Nationwide
Application Deadline: Sep 30, 2018
Sponsors: U.S. Department of Agriculture, USDA Rural Development
New Markets Tax Credit (NMTC) Program Inactive
Tax incentives for investments in business or economic development projects in distressed rural or urban counties, including capital investments in healthcare facilities. Investors give to Community Development Entities who then offer low-interest financing to businesses; in return for their investment, investors receive a tax credit against their federal income tax.
Geographic coverage: Nationwide
Application Deadline: Jun 28, 2018
Sponsors: Community Development Financial Institutions Fund, U.S. Department of Treasury

Last Updated: 8/22/2019