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Community Vitality and Rural Healthcare – Funding & Opportunities

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

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: Jun 30, 2021
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Community Economic Development Projects
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. Priority points will be given to projects that create jobs in rural communities and counties of persistent poverty.
Geographic coverage: Nationwide
Application Deadline: Jul 12, 2021
Sponsors: Administration for Children and Families, U.S. Department of Health and Human Services
Rural Placemaking Innovation Challenge
Grants for organizations to provide planning and implementation technical assistance to rural communities to foster placemaking, which is the process of creating quality places where people want to live, work, and play. The program goal is to create greater social and cultural vitality in rural communities aimed at improving people's social, physical, and economic well-being.
Geographic coverage: Nationwide
Application Deadline: Jul 26, 2021
Sponsors: U.S. Department of Agriculture, USDA Rural Development
Foundation for Rural Service Community Grant Program
Grants to support a variety of local efforts to build and sustain a high quality of life in rural communities across America. Focus areas include business development, community development, education, and telecommunications.
Geographic coverage: Nationwide
Application Deadline: Sep 15, 2021
Sponsor: Foundation for Rural Service
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
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
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
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

Last Updated: 5/28/2021