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Based on “Self-Help Housing”.

RCAC awarded $1.5 million from U.S. Treasury CDFI Fund to invest in rural communities

RCAC was awarded $1.5 million this week from the United States Treasury’s Community Development Financial Institutions (CDFI) Fund. RCAC’s Loan Fund will deploy the funds across its rural footprint to finance high-impact environmental, community facilities and self-help housing projects and provide loans to small businesses that create jobs.