These resources cover a broad range of community and economic development topics. These include loans and grants for: local government, non-profits, institutions of higher education, and for-profit organizations.
Description: Targets public health, coronavirus, housing and economic disruption needs. Funds may also be used for public facilities and food delivery efforts.
Eligibility: Local Government & Authority, State, Territory
Closing Date: None Listed
Description: 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 include:
- Facilities and equipment for medical care to rural residents
- Start-up venture costs, including, but not limited to financing fixed assets such as real estate, buildings (new or existing), equipment, or working capital
- Business expansion
- Technical assistance
- Business Incubators
- 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
Eligibility: Any 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, or Current Rural Development Electric or Telecommunication Programs borrowers
Closing Date: Dec 31, 2020
Description: This program provides affordable funding to develop essential community facilities in rural areas. An essential community facility is defined as a facility that provides an essential service to the local community for the orderly development of the community in a primarily rural area, and does not include private, commercial or business undertakings. Funds can be used to purchase, construct, and/or improve essential community facilities, purchase equipment and pay related project expenses.
Eligibility: Public bodies, community-based non-profit corporations, and federally recognized tribes.
Closing Date: None listed
Description: USDA Rural Development is providing more flexible servicing options to help Community Facilities Direct Loan Program borrowers experiencing temporary cash flow issues due to COVID-19.
Eligibility: Community Facilities Direct Loan Program borrowers impacted by COVID-19 who had a current repayment status as of March 1, 2020.
Closing Date: None Listed
Description: EDA is excited to announce the FY 2020 Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge. EDA is seeking applications from eligible organizations working to rapidly address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. This national competition is designed to support the development, creation, or expansion of the programs that accelerate technology-based economic development in pursuit of vibrant, innovative economies and economic growth, and respond to the challenges caused by the coronavirus pandemic. Funds should be used to support one or more of the following activities:
- Scaling biotechnology, health security, and supply chain technologies to market;
- Increasing regional, national, and government connectivity to support commercialization and entrepreneurship;
- Developing new and unique investment capital models to address the financial needs of entrepreneurs;
- Developing and scaling entrepreneurship support models to address the virtual and remote work environment of the pandemic.
Eligibility: State, County, Cities, Indian Tribe(s), or other political subdivisions of a state, Public or Private Non-profit organization or association, Institutes of Higher Education, EDA-authorized Economic Development District.
Closing Date: December 3, 2020 at 11:59 PM EST