Washington, DC (April 11, 2018) – The Rural Community Assistance Partnership (RCAP), NCBA CLUSA, New America, and a bipartisan coalition of rural policy leaders submit recommendations for the Rural Development Title in the 2018 Farm Bill to Congress, focused on three priorities, access to capital, infrastructure, and innovation. A coalition of more than forty rural policy leaders throughout the country came together to discuss opportunities and challenges small communities face
West Sacramento, Calif. — The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded Rural Community Assistance Corporation (RCAC) $2.5 million through its Capital Magnet Fund (CMF). RCAC is among 25 CDFIs and 15 nonprofit housing organizations that received a CMF award.
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received a $78,000 grant from Capital One, which will support an entrepreneurial and economic development pilot program for Tribes in Montana.
West Sacramento, Calif. — Rural Community Assistance Corporation’s (RCAC) Loan Fund launched the Idaho State Revolving Fund – Household Septic System Program to provide low-interest loans and grants to Idaho homeowners to refurbish or replace individual septic systems.
West Sacramento, Calif. — In the quarter ending Dec. 31, 2017, Rural Community Assistance Corporation (RCAC) closed 25 loans totaling more than $19 million to assist rural communities in Arizona, California, Colorado, New Mexico, Oregon, Utah, Washington and Wyoming. The loans will support a wide range of community development projects. For example, one loan will support a new mechanical wastewater treatment plant in Colorado; and another will support a rural Utah school’s expansion.