Browsing Category Archives

Based on “Press Release”.

Anjali Sheth is RCAC’s new controller

West Sacramento, Calif. — Anjali Sheth is Rural Community Assistance Corporation’s (RCAC) new controller. Sheth prepares and revises the corporate budget and reports, coordinates treasury functions, and supports the Chief Financial Officer with grant and contract management. She also manages RCAC’s investment portfolio, reviews financial contract and grant requirements and oversees Finance Department activities.

RCAC Loan Fund lends nearly $8 million to rural communities

West Sacramento, Calif. — In the quarter ending Dec. 31, 2018, Rural Community Assistance Corporation (RCAC) closed 22 loans totaling nearly $8 million to support rural communities in Alaska, California, Idaho, New Mexico and Washington.

RCAC Loan Fund lends more than $8 million to rural communities to close out record year

West Sacramento, Calif. — In the quarter ending Sept. 30, 2018, Rural Community Assistance Corporation (RCAC) closed 21 loans totaling more than $8 million to support rural communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico and Utah. Included is a loan for a small rural community in northern California, which will be used to construct a bolted steel water tank.