Community Facilities Loans and Grants

To provide affordable funding either through loans or grants to develop essential community facility projects in rural communities to nonprofits, public bodies, and federally recognized tribes. Ensure program is delivered efficiently, effectively and with integrity. Ensure all rural residents have equitable access to program funding with specific set asides for persistent poverty counties, to help rural communities build robust and sustainable economies.

City, county, and other public bodies; community-based non-profit corporations; and Federally-recognized Tribes.
Eligible applicants must: (1) operate on a not-for-profit basis; (2) have or will have the legal authority necessary for constructing, operating, and maintaining the proposed facility or service and for obtaining, giving security for, and repaying the loan; and (3) are unable to finance the proposed project from its own resources or through commercial credit at reasonable rates and terms. Assistance is authorized for eligible applicants in rural areas of the States, Puerto Rico, the Virgin Islands, Guam, American Samoa, the commonwealth of the Northern Mariana Islands, the Marshall Islands, the Republic of Palaw, and the Federated States of Micronesia.

After the preapplication has been reviewed by the Rural Development Area Office, it is forwarded to the Rural Development State Office for review and processing instructions. Following review by the State Office, the applicant is notified about eligibility, availability of funds, and if an application should be filed. Upon completion of application processing requirements and approval by the State Office, funds are made available to the Rural Development Area Office for delivery.

From 30 to 90 days after a complete application is received.