Browsing Category Archives

Based on “Press Release”.

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.