Rural Community Assistance Corporation (RCAC) received a $25,000 grant this week from Ally Bank. The funds will be used to support capacity building development for low-income rural Utah residents and Tribal members.
RCAC will provide services to the Utah Capacity Building Collaborative (UCBC) an innovative two-year initiative focused on comprehensive capacity building, operational support and housing development training so four Utah agencies can expand affordable housing development in the areas they serve.
Additional funds will support technical assistance and training to the Confederated Tribes of the Goshute Reservation to develop capacity to apply for economic development project funding.
“We appreciate Ally Bank’s support for these two projects. Affordable housing and economic development are critical to healthy and enduring rural communities,” said Stanley Keasling, RCAC’s chief executive officer.
Founded in 1978, RCAC provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 western states and the Pacific islands. Services are available to communities with populations of fewer than 50,000, other nonprofit groups, Tribal organizations, farmworkers, colonias and other specific populations. RCAC provides loans, including small business loans, technical and economic development assistance to rural communities and nonprofit organizations in its service region. RCAC has an array of Loan Fund products.
Julia Helmreich, director
RCAC Communications, Development & Events Dept.
(916) 447-9832 ext. 1008