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The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
Meriwether Lewis Electric Cooperative (also known as MLEC) is a non-profit, member owned utility cooperative that provides electric power service and internet services to rural communities in western Middle Tennessee. It is a 501(c)(12) organization, and is headquartered in Centerville, Tennessee. [2]
Franklin Delano Roosevelt (center) signs the Rural Electrification Act with Representative John Rankin (left) and Senator George William Norris (right). The Rural Electrification Act of 1936 (REA), enacted on May 20, 1936, provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the United States.
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The USDA Home Loan Program does allow for considerations for expenses like Child Care. [8] To be eligible, one must be purchasing a property in a rural area, as defined by the USDA. The home or property that the potential buyer is looking to purchase must be owner-occupied; investment properties are not eligible for USDA loans.
The majority of residents in the rural Tennessee town of Mason had water services restored Wednesday, a week after freezing temperatures broke pipes and caused leaks in the decades-old, neglected ...
LISC made its first loans and grants to 27 community organizations in December 1980. The initial grantees were a diverse group, including housing developers in New York City, child-care facilities in California and economic development organizations in rural Appalachia. [10] By 1985, LISC had raised $100 million and was active in 20 cities.
The Rural Development Administration (RDA) was a USDA agency established by the 1990 farm bill (P.L. 101-624, Sec. 2302), amending the Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer FmHA community and business programs and other USDA rural development programs.
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