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Rural Economic Development Loan and Grant programs (REDLG) is sponsored by USDA Rural Development (administered through local utility organizations). These programs provide funding for rural projects through local utility organizations. USDA offers zero-interest loans to local utilities, which they re-lend to businesses for projects creating and retaining employment in rural areas.
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gov Maintenance Calendar Rural Economic Development Loan and Grant Department of Agriculture Rural Business-Cooperative Service Document Type:Grants Notice Funding Opportunity Number:RD-RBCS-24-REDLG Funding Opportunity Title:Rural Economic Development Loan and Grant Opportunity Category:Discretionary Opportunity Category Explanation: Funding Instrument Type:Other Category of Funding Activity:Agriculture Expected Number of Awards:40 Assistance Listings:10.
854 -- Rural Economic Development Loans and Grants Cost Sharing or Matching Requirement:Yes Last Updated Date:Dec 18, 2023 Original Closing Date for Applications:Jun 30, 2024 The deadlines for complete applications to be received in the USDA Rural Development State Office for quarterly funding competitions are no later than 4:30 p. m.
(local time) on: First Quarter, September 30, 2023; Second Quarter, December 31, 2023; Third Quarter, March 31, 2024 and Fourth Quarter, June 30, 2024. Current Closing Date for Applications:Jun 30, 2024 The deadlines for complete applications to be received in the USDA Rural Development State Office for quarterly funding competitions are no later than 4:30 p. m.
(local time) on: First Quarter, September 30, 2023; Second Quarter, December 31, 2023; Third Quarter, March 31, 2024 and Fourth Quarter, June 30, 2024.
Estimated Total Program Funding: Eligible Applicants:Others (see text field entitled "Additional Information on Eligibility" for clarification) Additional Information on Eligibility:To receive funding (which will be forwarded to selected eligible projects), an entity must be: A former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct or guaranteed loan.
Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs. Current Rural Development Electric or Telecommunication Programs borrowers. ## Additional Information Agency Name:Rural Business-Cooperative Service Description:The Rural Economic Development Loan and Grant program provides funding for rural projects through local utility organizations.
USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. The ultimate recipients repay the lending utility directly. The utility then is responsible for repayment to USDA.
USDA provides grants to local utility organizations which use the funding to establish Revolving Loan Funds (RLF). Loans are made from the revolving loan funds to projects that will create or retain rural jobs. When the revolving loan fund is terminated, the grant is repaid to USDA.
The Agency anticipates the following maximum amounts per award:Loans - $2,000,000; Grants - $300,000. Link to Additional Information:REDLG Program Web Site Grantor Contact Information:If you have difficulty accessing the full announcement electronically, please contact: #### Health & Human Services * Frequently Asked Questions ## Your session will expire in 3 minutes. To continue working, click on the "OK" button below.
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According to the current listing, eligibility includes: Current or former Rural Utilities Service (RUS) electric or telecommunication borrowers, or any not-for-profit utility for projects that will create and retain employment in rural areas. Confirm the full requirements in the official notice before applying.
The current listing shows maximum Grant Amount: $300,000 (to establish Revolving Loan Fund); Maximum Loan Amount: $1 million. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Rural Economic Development Loan and Grant programs (REDLG) is funded by USDA Rural Development (administered through local utility organizations). 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.
Rural Economic Development Loan and Grant Programs is sponsored by USDA Rural Development (administered through local utility organizations). Provides funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities, which they pass through to local businesses for projects that create and retain employment in rural areas.
Rural Economic Development Loan and Grant Program is sponsored by USDA Rural Development (administered through local utility organizations). This program provides funding for rural projects through local utility organizations. USDA offers zero-interest loans to local utilities, which then lend to businesses for projects that create and retain employment in rural areas.
The Rural Economic Development Loan and Grant Program's fourth-quarter FY26 deadline lands on June 30, 2026 — the last shot at REDLG capital this fiscal year. With $50 million in zero-interest loans and $10 million in grants available annually, REDLG is structurally unlike any other USDA Rural Development instrument: rural electric and telecommunications utilities apply on behalf of an ultimate rural business recipient, and the utility passes the federal funding through at zero or near-zero cost. Here is what eligible projects look like, why the intermediary structure quietly favors a specific applicant profile, and what to do before the next cycle opens in FY27.
Read articleUSDA's Rural Decentralized Water Systems Grant funds nonprofits to capitalize a revolving loan fund for household wells and septic systems: 1 percent fixed, 20-year terms, $15,000 maximum per household. The application window closes September 30, 2026. The program is chronically under-subscribed for one structural reason — the 10 percent priority-point contribution cannot be in-kind. Here is the full instrument analysis and what it takes to win.
Read articleThe Cold Chain Grants for Emergency Food Assistance Program closes October 1, 2026, funding cold storage equipment at up to $200,000 per project with a 10% cash match. But USDA is not awarding to food banks — it is awarding to nonprofit intermediaries who will run competitive subaward programs. Two audiences, two entirely different jobs, and one of them has 43 days.
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