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Community Facilities Direct Loan and Grant Program: Difference between revisions
Community Facilities Direct Loan and Grant Program (view source)
Revision as of 23:52, 19 February 2025
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'''Community Facilities Direct Loan & Grant Program''' (CFDLGP) is a Department of Agriculture initiative administered by Rural Development that offers affordable direct loans and grants to construct, expand, or improve essential community facilities like health care centers, public safety stations, and educational institutions in rural areas with populations of 20,000 or fewer, enhancing access to vital services across the United States. Supporting public bodies, nonprofits, and tribal governments, it has funded over $2.8 billion in loans and $25.3 million in grants annually by 2025, prioritizing low-income areas with graduated grant scales up to 75% of project costs, driving rural competitiveness and resilience. | '''Community Facilities Direct Loan & Grant Program''' (CFDLGP) is a Department of Agriculture initiative administered by Rural Development that offers affordable direct loans and grants to construct, expand, or improve essential community facilities like health care centers, public safety stations, and educational institutions in rural areas with populations of 20,000 or fewer, enhancing access to vital services across the United States. Supporting public bodies, nonprofits, and tribal governments, it has funded over $2.8 billion in loans and $25.3 million in grants annually by 2025, prioritizing low-income areas with graduated grant scales up to 75% of project costs, driving rural competitiveness and resilience. | ||