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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

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
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/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
Strategic Economic and Community Development Program
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
Applications accepted on an ongoing basis
Sponsors: U.S. Department of Agriculture, USDA Rural Development
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 purchase, 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
Capital Magnet Fund Inactive
Grants to finance affordable housing and community revitalization efforts that benefit low-income people and communities.
Geographic coverage: Nationwide
Application Deadline: Mar 14, 2024
Sponsors: Community Development Financial Institutions Fund, U.S. Department of Treasury
NOSORH Rural Health Capital Resources Master Class Inactive
A live, online master class designed for working professionals who want to learn more about accessing and utilizing capital from federal, state, and private sources for rural health development projects.
Geographic coverage: Nationwide
Application Deadline: Mar 13, 2024
Sponsor: National Organization of State Offices of Rural Health

Last Updated: 2/26/2024