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Based on “Self-Help Housing”.

Policy update

The President has released what is called the skinny budget for FY 2018. As the President said in his first State of the Union Address, he is proposing a significant increase to the defense budget, which he intends to offset with cuts to domestic discretionary spending.

RCAC awarded $1.5 million from U.S. Treasury CDFI Fund to invest in rural communities

RCAC was awarded $1.5 million this week from the United States Treasury’s Community Development Financial Institutions (CDFI) Fund. RCAC’s Loan Fund will deploy the funds across its rural footprint to finance high-impact environmental, community facilities and self-help housing projects and provide loans to small businesses that create jobs.