In this issue:

RCAC Loan Fund closes record year of lending to rural West communities

West Sacramento, Calif. — In the quarter ending Sept. 20, 2021, Rural Community Assistance Corporation’s (RCAC) Loan Fund closed 29 loans in 13 states, which totaled $12,650,523. These loans supported 1,192 individual water and wastewater connections for rural citizens; 123 housing units; 68,741 feet of community facility space; and created or retained 365 jobs. Read more

Featured case study: Wilder, Idaho rate study

Wilder is a small bedroom community outside Boise where residents earn a $30,000 a year median household income. Its wastewater system uses lagoons to treat sewage and then discharges into an irrigation canal. In recent years, the treated water from the lagoon system exceeded permitted levels, which prompted the city to explore funding options to improve the system. Read more

WEBINAR—This is what capacity looks like: Building development muscle in rural and Native nation communities

On Nov. 30, join the conversation: Hear answers to these questions from national technical assistance providers, Indigenous leaders, and local rural development innovators. Gain insight that can help understand and explain capacity in plain(er) terms – and contribute your perspective to the mix. (The Aspen Institute) Information and registration

Join our team

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. Apply here!

Celebrating 30+ years of lending

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). About RCAC’s Loan Fund

Training highlight

Guide to Rate Payer Assistance Programs (California)

December 16 | 2:00 PM – 4:00 PM

Location: ONLINE

The COVID-19 pandemic has made it difficult for many Californians to pay their bills due to job loss and other hardships. This training reviews two programs that can assist your system and rate payers to keep the water flowing!

Register here