In the quarter ending June 30, 2017, Rural Community Assistance Corporation (RCAC) closed 14 loans totaling nearly $8 million to assist rural communities in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon and Washington. Among those that received loans were a nonprofit organization that supports Arizona migrant workers and a rural Nevada food hub.
The Orange County Water District is now the world’s largest producer of purified wastewater. The district’s Groundwater Replenishment System, which began in 2008 in partnership with the Orange County Sanitation District, uses the combined processes of microfiltration, reverse osmosis and ultraviolet light to purify treated wastewater.
@InesPolonius, @CommunitiesU: 3 Policy Recommendations for Congressional Consideration
1.The $1 billion dollars for the CDFI Fund as laid out in the Heroes Act on May 12th to capitalize the very CDFIs that support rural communities is an essential strategy for recovery.
2.Additional legislation in #COVID19 response to create dedicated funding streams for micropolitan areas and small towns with populations below 50,000, targeting rural health care infrastructure, struggling water and wastewater systems, rural small businesses
and minority-owned businesses is critical for an equitable recovery.
3.Finally, a strong and modernized Community Reinvestment Act (CRA) that incentivizes the banking industry to invest alongside us in rural communities is now essential for recovery.