West Sacramento, Calif. — Rural Community Assistance Corporation received a $40,000 operating support grant from U.S. Bank. This funding supports RCAC’s work across multiple programs in rural California, including affordable housing and economic development services.
RCAC encourages and builds rural affordable housing networks so states have access to nonprofit organizations that develop affordable housing in rural areas. RCAC provides lending capital, training and technical assistance.
RCAC also builds capacity for local organizations to network, plan and implement economic development initiatives in rural communities.
“U.S. Bank has been a long-time supporter, and we appreciate their vote of confidence. We are especially dependent on corporate and foundation support for our economic development program, Building Rural Economies, and will use the bank’s grant to further this work,” 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 certain 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.
To find out more about RCAC, visit www.rcac.org.
Dawn Van Dyke