West Sacramento, Calif. — In the quarter ending Dec. 31, 2015, Rural Community Assistance Corporation (RCAC) closed 29 loans totaling more than $8.3 million to assist rural communities in Arizona, California, New Mexico, Oregon, Washington and Utah with housing, water infrastructure and community development projects.
Although Utah can claim that it has led the nation in housing its chronically homeless residents—it counts now just 200—homeless numbers in the state continue to rise, with an additional 14,000 registering at shelters in 2015.
Utah’s homeless advocates are celebrating a milestone in the fight to keep residents housed. During the past 10 years, the state’s chronically homeless population dropped from 2,000 to less than 200.
Aspiring Navajo entrepreneurs have a new support system now that a business incubator at Navajo Technical University (NTU) in New Mexico has been officially certified.
In the quarter ending September 30, 2015, Rural Community Assistance Corporation (RCAC) closed 24 loans totaling more than $5.8 million to assist rural communities in California, Oregon, Utah and Washington with housing, water infrastructure and community development projects.