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Rural Health Information Hub

Capital Funding for Rural Healthcare – Funding & Opportunities

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

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
Economic Development Assistance Programs including CARES Act Funding
Grants support the implementation of regional economic development, including public works projects and job creation projects. Past projects have included funding for water and wastewater projects in hospitals and healthcare facilities and road infrastructure projects that would support the expansion of healthcare facilities. CARES Act funding will provide a wide-range of financial assistance as communities respond to, and recover from, the impacts of the coronavirus pandemic.
Geographic coverage: Nationwide
Applications accepted on an ongoing basis
Sponsor: Economic Development Administration
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: Bureau of Primary Health Care, 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. Small, rural Critical Access Hospitals are eligible to apply.
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
New Markets Tax Credits Preparation Program
Technical and financial assistance for Federally Qualified Health Centers that are seeking or considering seeking New Markets Tax Credit financing.
Geographic coverage: Nationwide and U.S. Territories
Applications accepted on an ongoing basis
Sponsor: Community Health Center Capital Fund
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

Last Updated: 7/15/2022