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  • Posted in: Press Release

    U.S. Treasury CDFI Fund awards RCAC more than $1 million

    West Sacramento, Calif. — The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded Rural Community Assistance Corporation (RCAC) more than $1 million. The funding will enable RCAC’s Loan Fund, a certified CDFI, to increase lending and investment in low-income and economically distressed communities across the rural West. The Loan Fund offers loans for affordable housing development, environmental infrastructure, community facilities and rural small businesses.

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  • Posted in: Press Release

    Bank of America awards grant to RCAC

    West Sacramento, Calif. — Bank of America awarded Rural Community Assistance Corporation (RCAC) a $65,000 grant, which will help RCAC meet the growing demand for its services in the rural West. RCAC builds the capacity of other nonprofit organizations that serve the rural West; protects rural communities’ health and environment; promotes affordable housing and community facilities; and provides financing for rural projects throughout its region.

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  • Native American tribes receive funding for housing and community development projects

    The U.S. Department of Housing and Urban Development (HUD) has awarded $55.2 million to 77 Native American tribes through its Indian Community Development Block Grant (ICDBG) Program.

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