Program Reference Guide www.rurdev.usda.gov/ok “USDA is an equal opportunity provider, employer and lender”. To File a complaint of discrimination, write USDA, Director, Office of Civil Rights 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272 (voice), or (202) 720-6382 (TDD). Rural Housing www.rurdev.usda.gov/rhs/index.html Program Objective Applicant Uses Population Loan/Grant Terms/Conditions Single Family Home Safe, well-built, affordable Families and individuals Buy, build, improve, repair or Rural areas with Direct loan Up to 100% of market value or cost, Ownership Direct homes for rural Americans. apply to Rural Development. rehabilitate rural homes as the populations of 20,000 whichever is less. Loan amortized for Loans applicant’s permanent residence. or less. 33/38 years. Applicant may be eligible for payment assistance (subsidy) on the loan. Single Family Home To help very-low income Families and individuals Loan and grant purposes Rural areas with Direct loan and grant Loan terms to 20 years at 1%. Assistance Ownership Direct applicants remove health who currently own their home include: repair/replace roofs, populations of 20,000 to individual may not exceed $20,000. Repair Loans and and safety hazards or apply to Rural Development. winterizing, purchase or repair or less. Grants only available to very-low income Grants repair their homes. of heating system, structural applicants 62 years or older who cannot repair, water/sewage connect afford to pay 1% loan. fees, and similar uses. Single Family Home Assist eligible applicants Families and individuals Loans may be made to purchase Rural areas with Loan guarantee 30 year, fixed rate. Interest rate negotiated Ownership Guaranteed in buying their homes by apply to lender. new or existing homes. populations of 20,000 between lender and borrower . Loans to Loans guaranteeing private or less. 100 % of market value plus 2% guarantee fee. lenders’ loans. Mutual Self-Help Individual homes built by Families and individuals Loan applications are processed Rural areas with Direct loan The individual families receive a direct loan Home Ownership a group of applicants, with apply to Rural Development. on an individual basis for each populations of from Rural Development. Loans construction guidance of a participating family. 20,000 or less. h non-profit organization. s Mutual Self-Help Assist lower income Nonprofits, Public Bodies, Technical assistance to qualify Rural areas with Grant Grant Agreement. T Housing Grants families in building their and Native American Tribes. and supervise small groups of populations of 20,000 The non-profit housing organization gets a own homes. families to build each other’s or less. grant to hire a supervisor and pay other homes. administrative expenses. Rental Housing for Safe, well-built affordable Individuals, limit profit and New construction or substantial Rural areas with Direct loan or Up to 100% of total development cost (non- Families and Elderly rental housing for very low non-profit organizations. For rehabilitation of rental housing. populations of 20,000 loan guarantee. profits) ; 97% (for profit) 30 year term with Direct Loans and Loan and low income individuals guarantees, apply to or less. up to 50 year amoritization. 95% of total Guarantees and families. intermediary lender; for direct, development costs (for profit organizations) apply to Rural Development. with Low-Income Housing Tax Credits. Housing Preservation Repair and rehabilitate Public bodies and non-profit Operate a program which Rural areas with Grant Grant Agreement. Grants housing owned or organizations apply to Rural finances repair and populations of 20,000 occupied by very low and Development. rehabilitation activities for or less. low income rural families. single family and small rental properties. Community Facilities Provide essential Public bodies and non-profit To build facilities and purchase Rural areas with Direct loan or Up to 100% of market value Programs community facilities for organizations, and Indian equipment for fire and rescue, populations of 20,000 loan guarantee Up to 40 years or life of security rural communities. tribes. Apply to Rural telecommunications, schools, or less. Grant. Maximum grant 75% of project cost. Development. libraries, hospitals, etc. Farm Labor Housing Safe, well-built affordable Individuals, public and private New construction or substantial None Direct loan and grant. Up to 102% of total development cost. rental housing for farm non-profit organizations apply rehabilitation of rental housing. Up to 33 years to repay @ 1% interest. workers. to Rural Development. Rural Business www.rurdev.usda.gov/rbs/index.html Program Objective Applicant Uses Population Loan/Grant Terms/Conditions Business and Industry Create jobs and stimulate Business applies through Most legal business purposes All areas except cities Loan guarantee Lender and borrower negotiate terms Guarantee Loans rural economies by Federal or State Chartered except production agriculture of more than 50,000 Interest rate tied to published rate that may providing financial banks, credit unions, savings & Acquisition, start-up and and their contiguous change no more often than quarterly. backing for rural loan associations. expansion of businesses that and adjacent urbanized businesses. create rural employment. area. Rural Business Finance and facilitate the Public bodies; private Buy and develop land, construct All areas except cities Grant When grant funds are used for revolving Enterprise Grants development of small and nonprofit corporations and buildings, plants, equipment, of more than 50,000 loan fund (RLF) the intermediary makes emerging private business federally recognized Native access streets and roads, parking and their contiguous loans to businesses from its RLF on terms enterprises. American tribal groups apply areas, utility and service and adjacent urban or consistent with security offered. to Rural Development. extensions, rural distance urbanizing areas. learning networks, and establish a revolving loan. Intermediary Finance business facilities Public bodies, nonprofit Community development Rural areas and Direct loan The intermediary makes loans to Relending Program and community corporations, Native American projects, establishment or incorporated places businesses from its revolving loan fund on Loans- development projects in tribes, and cooperatives apply expansion of businesses, with populations of terms consistent with security offered. rural areas. to Rural Development. creation or saving rural jobs. less than 25,000. Intermediary pays 1% for 30 years. Rural Economic Finance economic RUS financed electric and Business startup or expansion Rural areas and places Direct loan and The intermediary, electric or telephone Development Loans development and job telephone utilities apply to projects that create rural jobs. with populations of revolving loan fund utilities, make loans to profit or non-profit and Grants creation in rural areas. Rural Development. 50,000 or less. grant. business and public bodies for rural economic development and/or job creation projects. Loans are 0% for 10 years. Rural Cooperative Establish and operate Nonprofit corporations and Establish operating centers for All areas. Grant Applicants must meet specific selection Development Grants centers for cooperative institutions of higher education development of rural criteria including a minimum 25 percent development to improve apply directly to Rural cooperatives. fund match. Grants are awarded on a the economic condition of Development National Office. competitive basis. Some funds reserved rural areas through the for applicants that focus on assistance to development of new small, minority producers through their cooperatives and cooperative businesses (governing board improving operations of or membership at least 75 percent existing cooperatives. minority). Rural Business Finance technical Public bodies, non-profit Technical assistance, leadership All area except cities Grant Must be completed within two years after Opportunity Grant assistance for business Corporations, Indian tribes on training, establish business over 50,000 project has begun. development planning federal or state reservations support centers, economic population and the in rural areas. and cooperatives with development plans. contiguous urbanized members that are primarily areas as defined by the rural residents U.S.Census. Value-Added To assist independent Independent producers, farmer Funds can be used for planning All areas Grant Applicants must meet specific selection Agricultural Product agricultural producers and rancher cooperatives, purposes such as conducting criteria. Grants are awarded on a Market Development enter into value-added agricultural producer groups, feasibility studies or feasibility competitive basis. Funds cannot be used Grant Program activities. and majority-controlled business plans or it can be used to build facilities or purchase equipment. producer-based business as working capital to help start There is a dollar for dollar matching ventures can apply to Rural the operations of a venture. requirement. Development State Office. Renewable Energy Assist agricultural Agricultural producers and Purchase renewable energy All areas except cities Grant Applicants must meet specific selection Systems & Energy Producers and rural small Rural small businesses Systems and make energy Of more than 50,000 Criteria. Grants are awarded on a Efficiency Businesses reduce energy Efficiency improvements And their contiguous Competitive basis. Improvements Grant Costs and consumption And adjacent Urbanized area. Rural Utilities www.rurdev.usda.gov/rus/index.html Program Objective Applicant Uses Population Loan/Grant Terms/Conditions Water and Waste Disposal Providing infrastructure for Public entities, tribes and non- Build, repair, improve public Rural areas, cities, and Direct loan and grant. Interest rates are set quarterly based on an index of Loans and Grants and rural areas. profit corporations apply to water systems, and waste towns with up to 10,000 Loan Guarantee. current market yields for municipal obligations. Guarantees Rural Development. collection and treatment population. Repayment period is a maximum of 40 years. systems, and other related Grant funds may be available. For guarantees costs. eligible lenders obtain up to a 90% guarantee for loans made and serviced by them. Predevelopment Planning Assist in paying costs Public entities, tribes and non- Pay a portion of eligible Rural areas, cities, and Grant Applications must meet specific selection criteria. Grant associated with developing a profit corporations apply to predevelopment costs towns with up to 10,000 Grants are awarded on a competitive basis and are complete application for a Rural Development. assoicated with filing an population. limited to 75% of eligible costs or $15,000, proposed infrastructure project application, i.e. preliminary whichever is less. in a rural area. engineering and/or Emergency Water i l i Correct a significant decline in Public entities, tribes and non- Construct, repair, modify, Rural areas, cities, and Grant Applicants must meet specific selection criteria. Community Assistance quanity or quality of water in profit corporations apply to expand, improve water system towns with up to 10,000 Grants are awarded on a competitive basis at a Grants rural areas. Rural Development. to correct significant decline population. National Level. and other related costs. Solid Waste Management Provide technical assistance Non-profit organizations and Provide technical assistance Rural areas, cities, and Grant Projects funded based on selection at National Grants and/or training to help public bodies. Apply to Rural and training to reduce towns with up to 10,000 Level - applications are accepted from October 1st communities reduce the solid Development. pollution of water resources population. to December 31st of each year. waste stream. and improve management of solid waste facilities, reduction of solid waste in Electric and Provide financial aid through Non-profit and cooperative Generation, bulk transmission Rural areas. Direct loan or loan Interest rates are established in accordance with Telecommunication direct and guaranteed loans. associations, public bodies, facilities and distribution of guarantee. 7CFR 17145. and other utilities. Contact electric power. Enhance 911 USDA RUS Administrator, emergency service, digital STOP 1510, 1400 switching equipment, fiber Independence Ave. SW, optic cable along with Washington, DC 20250-1510. traditional main system, telecommuniction service. Rural Broadband Loan and The deployment of broadband Legally organized entities The construction, acquisition, Eligible rural communities Direct loans and loan Loans are made at the Treasury rate of interest at Loan Guarantee service to eligible rural providing or proposing to and improvement of with a population of 20,000 guarantee. the time of the advance for a period equal to communities. provide broadband service in broadband transmission inhabitants or less. The expected composite economic life of the assets eligible rural communities. facilities and equipment; land community cannot be financed. Loans are guaranteed at the interest rate Cannot serve more than 2% of and buildings used in located in a standard set by the private lender for no more than 80% of the telephone subscriber lines providing braodband service; metropolitan statistical the principal amount. installed in the U.S. and the refinancing of area. Telecommunications Program debt. Distance Learning and Development and deployment An incorporated entity, Equipment for classrooms: Rural areas. Direct loan and/or Matching funds are required. Telemedicine of advanced telecommuniation including a municipal cameras, video monitors, grant services throughout rural corporation or a for-profit or computers, and LAN; and for America. not for profit basis, which physician consultation, operates Rural schools, radiology, x-ray scanners, and libraries, health care clinics digital microscopes. and other organizations that operate educational or health care facilities. Native American Water and Providing infrastructure for Federally recognized Native Build, repair, improve water Cities and Towns with up Grant Applicants must meet specific selection criteria Waste Grant Program rural areas American Tribes or Public and/or waste systems and to 10,000 population and pertaining to per capita income and unemployment Bodies and Non-Profit other related costs. all rural areas. rates. Grants are awarded on a competitive basis organizations where 50% of at a National level and are limited to $1,000,000 the service area are tribal maximum grant. Priority goes to projects members. involving loan funds.