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Rural Economic Development Loan & Grant Programs (Grant portion) is sponsored by USDA Rural Utilities Service (Administered through local utility organizations). Provides grants to local utility organizations to establish Revolving Loan Funds (RLF). Loans are then made from the RLF to projects that create or retain rural jobs, including community development assistance to nonprofits and public bodies for job creation or enhancement.
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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 for an insured or direct loan under the Rural Electrification Act. Confirm the full requirements in the official notice before applying.
The current listing shows maximum Grant Amount: $300,000 to establish the Revolving Loan Fund. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Rural Economic Development Loan & Grant Programs (Grant portion) is funded by USDA Rural Utilities Service (Administered through local utility organizations). 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.
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.
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