The second round of the Paycheck Protection Program is now open. RCAC is accepting and processing loan applications to provide financing for small businesses to pay their employees during the COVID-19 crisis.
After months of a standstill on negotiations, Congress has agreed to a coronavirus stimulus bill. The economic relief bill will be attached to the fiscal year 2021 “omnibus,” which funds the federal government.
U.S. Department of Agriculture Rural Development invested $542.6 million in 2020 to help mitigate the rising cost of homeownership in Oregon. The funds were distributed through three programs.
West Sacramento, California — Rural Community Assistance Corporation received a $250,000 grant from the California Wellness Foundation. The three-year grant will be used to strengthen internal infrastructure to serve rural communities across the West.
The newly formed Water Finance Exchange (WFX) in partnership with Rural Community Assistance Corporation, Rural Community Assistance Partnership and CoBank has established a rural community predevelopment fund.