West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received a $78,000 grant from Capital One, which will support an entrepreneurial and economic development pilot program for Tribes in Montana.
West Sacramento, Calif. — In the quarter ending Dec. 31, 2017, Rural Community Assistance Corporation (RCAC) closed 25 loans totaling more than $19 million to assist rural communities in Arizona, California, Colorado, New Mexico, Oregon, Utah, Washington and Wyoming. The loans will support a wide range of community development projects. For example, one loan will support a new mechanical wastewater treatment plant in Colorado; and another will support a rural Utah school’s expansion.
West Sacramento, Calif. – The W.K. Kellogg Foundation recently made a $1 million Program Related Investment (PRI) and a $1 million companion grant to Rural Community Assistance Corporation (RCAC) in support of the Rainmakers Investment Collaborative (Collaborative). The Collaborative was established to increase impact investing in and improve access to capital by Native community development efforts in Arizona and New Mexico.
The counties that make up California’s Central Valley often cannot compete with coastal areas in attracting businesses to locate in their area. But the Kern County Board of Supervisors just released a plan that would offer businesses incentives to set up shop there and to expand existing enterprises.
About 8,000 people live in the 13 mostly Yup’ik villages in Alaska’s Kusilvak census area, from Hooper Bay on the coast to Emmonak at the mouth of the Yukon River to Russian Mission upriver. The region’s isolation adds 40 percent or more to the cost of goods for shipping