10.854: Rural Economic Development Loans and Grants
Alternate Name: REDLG
Overview
Program Number
10.854
Status
Active
Last Modified
Aug. 25, 2022
Date Posted
Aug. 25, 2022
Objective
To promote rural economic development and job creation projects, including funding for project feasibility studies, start-up costs, incubator projects, and other reasonable expenses for the purpose of fostering rural development.
Type of Assistance
F - Loan Guarantees/Grants
Applicant Eligibility
To receive funding (which will be forwarded to selected eligible projects), an entity must be:
• A former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct or guaranteed loan.
• Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs.
• Current Rural Development Electric or
Telecommunication Programs borrowers
Electric and telephone utilities that have current loans with the Rural Utilities Service (RUS), Rural Telephone Bank loans, or guarantees outstanding and are not delinquent on any Federal debt or in bankruptcy proceedings.
Beneficiary Eligibility
Rural/General Public.
Related Programs
Additional Information
Federal Award Analysis
Rural Economic Development Loans and Grants grant spending
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Contracts
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Subcontracts
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Grants
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Subgrants
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Grant Awards
Rural Economic Development Loans and Grants direct grants
Grant Opportunities