In this issue:
502 Direct Loan Packaging Program increases access to home ownership
In February, Daphne Rotolo received some distressing news from a woman she was helping to find better housing. As a homeownership assistant with Housing Resources of Western Colorado, she’s seen and heard about many troublesome living situations. This was among the worst. Read more
RCAC Loan Fund lends nearly $6.5 million to rural communities
West Sacramento, Calif. – In the quarter ending June 30, 2018, Rural Community Assistance Corporation (RCAC) closed 11 loans totaling nearly $6.5 million to assist rural communities in California, Hawaii and New Mexico. For example, one loan will support construction of a birthing clinic in rural New Mexico. Read more
Looking for a new and exciting career path?
Join our passionate team and make a difference in rural communities throughout the West! We work in diverse and low-income communities to increase access to affordable housing and safe drinking water, promote economic opportunity and job creation, and provide financing for community and economic development projects. We have several positions currently open in the western United States. Read about our job opportunities here
Do you need financing?
RCAC provides financing for affordable housing, environmental infrastructure, community facilities or small businesses? Our rates are competitive, our staff is easy to work with and they provide quick turnaround on applications. Give us a call to discuss your project in detail and download our programs and rates at-a-glance flyer. RCAC is a certified Community Development Financial Institution (CDFI), with an Aeris rating of 4 Stars AA plus Policy Plus. Check out our loan fund products here.
Conference and Workshop Calendar
Basic Financial Management
September 18 | 10:00 am – 2:00 pm
Lander County Courthouse
50 State Route 305
Battle Mountain, Nevada 89820
This workshop covers basic financial concepts to help board members, and council members better manage their water and wastewater systems. Topics include: board responsibilities, what financial reports to have for meetings, how to read financial statements in a meaningful way, key indicators of financial health and how to keep your utility safe from fraud and theft. More information and registration.
RCAP Outreach & Well Assessment
September 27 | 8:30 am – 12:30 pm
Hampton Inn Spokane Airport
2010 S Assembly Road
Spokane, Washington 99224
Improving water quality through training and technical assistance to private well owners’ will help protect public health and the environment. Having a successful well program means gaining the trust and understanding in the communities where you work. Learn how to form long and lasting partnerships and where to find available well resources. More information and registration.
Network News, published monthly, is a compilation of timely news, announcements and accomplishments produced for the rural development world at no cost to subscribers. We encourage correspondence and welcome contributions. Subscribe here
Chief Executive Officer: Stanley Keasling
Executive Editor: Dawn Van Dyke
Managing Editor: Sharon Wills
3120 Freeboard Drive, Suite 201
West Sacramento, CA 95691
Network News is funded by: RCAC’s Loan Fund and U.S. Department of Health and Human Services
For further information on RCAC’s services or additional office locations, visit www.rcac.org or call (916) 447-2854.
RCAC is the western RCAP partner.