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Intermediary Relending Program in Texas is a grant program from USDA Rural Development Texas that funds the establishment of revolving loan funds to alleviate poverty and increase economic activity in rural Texas communities. Intermediaries such as Economic Development Corporations (EDCs) may borrow up to $750,000, which they then relend to local businesses and economic development projects.
Ultimate recipients may borrow up to $250,000. Eligible projects include acquisition, construction, conversion, or repair of business facilities; land and equipment; leasehold improvements; machinery; start-up costs; working capital; and pollution control. Eligible intermediaries include current or former Rural Utilities Service borrowers and not-for-profit utilities.
Applications accepted through September 30, 2026.
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USDA Intermediary Relending Program (IRP) Business Retention And Expansion Usda Intermediary Relending Program Irp USDA Intermediary Relending Program (IRP) The purpose of program is to alleviate poverty and increase economic activity and employment in rural communities. Under the program, loans are provided to (intermediaries) like Katy Area EDC for the establishment of revolving loan funds.
These revolving loan funds are used to assist with financing business and economic development activity to create or retain jobs. An EDC may borrow up to $750,000. Ultimate recipients may borrow up to $250,000.
Eligible projects include acquisition, construction, conversion, enlargement, or repair of a business or business facility, land equipment, leasehold improvements, machinery, and supplies; start up costs and working capital; pollution control and abatement. Some areas west and south of the City of Katy in Fort Bend and Waller County are eligible for this funding.
LEARN MORE “Texas continues to shine as the beacon of economic prosperity in America, and I am proud to accept Site Selection’s Governor’s Cup for a record-shattering tenth straight year. Texas is the new frontier where dreams, families, and jobs grow. This honor is a testament to the unmatched business climate and highly skilled and diverse workforce we have cultivated here in the Lone Star State.
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According to the current listing, eligibility includes: Eligible intermediaries include current or former Rural Utilities Service Electric or Telecommunication borrowers and not-for-profit utilities eligible under the Rural Electrification Act. Confirm the full requirements in the official notice before applying.
Applications for Intermediary Relending Program in Texas are due September 30, 2026. Build your timeline backwards from this date to cover registrations, approvals, and final submission checks.
Intermediary Relending Program in Texas is funded by USDA Rural Development Texas. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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