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Rural Economic Development Grant Program is sponsored by USDA Rural Utilities Service. This program provides funding for rural projects through local utility organizations. USDA provides grants to local utility organizations which use the funding to establish Revolving Loan Funds (RLF).
Loans are made from the revolving loan fund to projects that will create or retain rural jobs. Eligible projects for ultimate recipients include business incubators, community development assistance to nonprofits and public bodies (particularly for job creation or enhancement), and facilities and equipment to educate and train rural residents to help economic development.
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Funding Details: Rural Economic Development Loan and Grant Program (REDL and REDG) - Rural Health Information Hub Rural Economic Development Loan and Grant Program (REDL and REDG) This funding record is inactive . Please see the program website or contact the program sponsor to determine if this program is currently accepting applications or will open again in the future.
Catalog of Federal Domestic Assistance Number: U.S. Department of Agriculture, USDA Rural Development Rural Development State Office contacts The Rural Economic Development Loan and Grant Program (REDL and REDG) is designed to promote rural economic development and job creation projects. REDLG provides funding to rural projects through local utility organizations.
Examples of eligible projects Facilities and equipment for medical care to rural Start-up venture costs, including, but not limited to financing fixed assets such as real estate, buildings, equipment, or working capital Community development assistance to nonprofits and public bodies (particularly job creation or enhancement) Facilities and equipment for education and training for rural residents to facilitate economic development Eligible applicants include: Any former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct, or guaranteed loan under the Rural Electrification Act Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs Current Rural Utilities Services, electric or telecommunication borrower Up to 10% of grant funds may be applied toward operating expenses over the life of a revolving loan fund.
Entities wishing to apply for assistance should contact Rural Development State Office contacts to receive further information and copies of the application · Community and economic development · Technology for health and human services U.S. Department of Agriculture, For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only.
RHIhub does not take part in application processes or monitor application status.
According to the current listing, eligibility includes: Current or former Rural Utilities Service (RUS) electric or telecommunication borrowers, or any not-for-profit utility eligible to receive an insured or direct loan under the Rural Electrification Act. Intermediaries may use funds to lend for projects in rural areas or towns with a population of fewer than 50,000 residents. Confirm the full requirements in the official notice before applying.
The current listing shows maximum Grant Amount: $300,000 (to establish Revolving Loan Fund). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Rural Economic Development Grant Program is funded by USDA Rural Utilities Service. Verify program details on the funder's official page before applying.
Yes — this listing is flagged as national in scope, so applicants across the U.S. may apply, subject to the sponsor's other eligibility criteria.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Past winners and funding trends for this program
The RUS Powering Affordable Reliable Technology (PART) Energy Program takes Letters of Interest until October 9, 2026. Up to 40% of each loan can be forgiven, awards run $1M to $100M, and USDA describes eligible generation as hydro, geothermal, and biomass — even though Section 317 of the RE Act names solar and wind.
Read articleThe Rural Utilities Service published the ARC Program on September 14, 2026. Same IRA Section 22004 authority that carried the $9.7 billion New ERA program, redirected to nuclear power supply and transmission efficiency. Letters of Interest open October 19 and close November 20.
Read articleThe Rural Utilities Service is putting $410 million of Section 22001 budget authority back in the market through the Powering Affordable Reliable Technology program. Letters of Interest open September 8 and close October 9, 2026 — both at 11:59 a.m., not p.m. — and RUS evaluates them on a rolling basis in the order received.
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