30+ years of service


RCAC’s Loan Fund is a financial resource for rural communities. The Loan Fund fills financing gaps and serves in unconventional markets. We offer loans for affordable housing development, environmental infrastructure, community facilities and small businesses in rural locations. Our staff serve rural communities in Alaska, Arizona, California, Colorado, Hawaii and other Pacific islands, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming.

Aeris Rated 4 stars AA policy plusRCAC created its Loan Fund in 1988 and was later certified as a Community Development Financial Institution (CDFI). We hold an Aeris rating of 4 Stars AA Policy Plus.  The rating is based on a comprehensive review of the RCAC Loan Fund and the entire RCAC organization. We are also licensed by the California Department of Business Oversight #60DB0 83068.

As of Dec. 31, 2022, RCAC closed 1,694 loans which totaled $794,090,105 and leveraged more than $2.735 billion for projects in rural communities. These loans supported 147,146 individual water and wastewater connections for rural citizens; 16,549 housing units; 11,656,699 feet of community facility space; and created or retained 28,309 jobs. RCAC currently has 382 loans under management, totaling more than $93,347,763. Additionally, RCAC manages 48 loans totaling more than $32 million on behalf of other lenders and investors.


New lending opportunities

Community development loans

Low interest, long- and short-term loans available for Tribes, Tribal communities and individual Native Americans in Arizona and New Mexico for small business, housing and community facility projects.

Community Development Loans
Loan Programs & Rates
Loan Fund Contacts

California Lenders License: Licensed by the California Department of Financial Protection & Innovation — #60DB0 83068