RCAC was awarded $30 million from the U.S. Department of Agriculture (USDA) Community Facilities Relending Program, part of an innovative new public/private partnership, Uplift America, created to provide targeted financial assistance to areas of greatest need.
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Based on “Economic issues”.
Rural cancer patients face lack of specialists, long trips for treatment
As fire chief in Kingsburg, a small town in California’s Central Valley, Tim Ray has done more than battle blazes in the past few years. Actual fires here are relatively few, in fact. These days, Ray, a trim 52-year-old with clipped moustache and gentle eyes, oversees a kind of volunteer medical transportation service, hustling patients from this idyllic town—settled by Swedish immigrants in the 1870s and still bedecked with “Välkommen” welcome signs—as far as 20 miles away, to a hospital in Fresno.
For too many, affordable housing is still out of reach
Nearly a decade after the housing market crisis and collapse, home ownership still remains out of reach for many Americans. The demand for rentals has shot up, and unsurprisingly so have rents, creating an economic catch-22.
RCAC Loan Fund lends more than $8.3 million to rural communities
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.