Funding Level: $1,161,000,000 (Nationally)
Overview: Community Facilities (CF) direct loans and grants are available to develop essential community facilities in rural areas and towns of up to 20,000 in population. Funds may be used for facility acquisition, construction, renovation, or the purchase of equipment and furnishings. Eligible applicants are units of local government, non-profit organizations, and Federally-recognized Indian tribes. Grants are available on a prorated basis for projects in communities with smaller populations and lower median household incomes. Facilities financed through the CF program must primarily serve rural residents. The goal of the CF program is to improve the quality of life for rural residents through the provision of essential community facilities such as health care, public safety, and education. The program provides facilities, equipment, and furnishings to house and provide these services; operating funds are not available through this program. The American Recovery and Reinvestment Act provides $1.1 billion for CF direct loans through fiscal year (FY) 2010. The average CF direct loan in FY 2008 was $665,229. For CF grants, just over $61 million is available. CF loan and grant applications are processed at the local level.
For More Information:
Please contact the Rural Development Area Office serving your community for additional information and application materials. RD Office Locater | More >>