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Businesses that would like to apply for the USDA Rural Business Development Grant Program must have 50 or fewer employees and less than $1 million in gross revenue. Also, they must operate in an ...
Outreach and Assistance for Socially Disadvantaged Farmers and Ranchers is a program operated by the Cooperative State Research, Education, and Extension Service (CSREES) of the United States Department of Agriculture (USDA) that provides grants to eligible organizations assist socially disadvantaged farmers and ranchers to own and operate farms and ranches and to participate in agriculture ...
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.
In particular, this assistance comes in three areas: business, utilities, and housing. The Under Secretary for Rural Development oversees loans, grants, and technical assistance to rural residents, communities, and businesses. With the rank of Under Secretary, the USDA(RD) is a Level III position within the Executive Schedule. [1]
Grant recipients must operate within rural areas or towns outside of any city with a population of 50,000 or more. 2024 grant applications must be submitted by paper or electronically by 4:30 pm ...
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These are "lender-driven" programs, whereby business loans (generally made by commercial banks) receive a Federal loan guarantee. The guarantee is designed to support and incentivize rural business lending and to support rural job creation and retention. The primary program in this category is the Business & Industry (B&I) guaranteed loan program.
The Rural Community Advancement Program is a program established by the 1996 farm bill (P.L. 104-127, Sec. 761) under which USDA is authorized to provide state rural development block grants, direct and guaranteed loans, and other assistance to meet rural development needs across the country. Program funding is allocated to three accounts: (1 ...
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