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Find similar grantsRural Economic Development Loan and Grant (REDLG) is sponsored by USDA Rural Development. This program provides funding to rural projects that create or retain rural jobs. Food hubs and other food-related businesses seeking to establish or expand in rural zones could be good candidates.
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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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Based on current listing details, eligibility includes: Rural utility service borrowers. The ultimate recipients of the funds can be a variety of entities undertaking projects in rural areas that create or retain jobs. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates See official notice Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.