West Sacramento, California — Rural Community Assistance Corporation received a $100,000 grant from the Opportunity Finance Network. RCAC’s Loan Fund will use the funds for lending to support renewable energy projects and innovative biomass utilization efforts. Using low- and no-value wood can protect forests and rural communities from wildfire and strengthens their resiliency to withstand climate change, while providing renewable energy and critical economic opportunities.
RCAC Chief Executive Officer Suzanne Anarde praised the news saying, “Biomass utilization is a catalyst for the innovations needed to combat wildfires caused by climate change, which affect so many rural communities across the western United States. With Opportunity Finance Network’s help, biomass projects can be financed and poised to succeed.”
Founded in 1978, RCAC provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 western states and western Pacific islands. Services are available to communities with populations of fewer than 50,000, other nonprofit groups, Tribal organizations, farmworkers, colonias and other specific populations. RCAC staff provides direct services in program areas including affordable housing, environmental services, economic development and lending. About RCAC
Julia Helmreich, Director
Communications, Development & Events
(916) 447-9832 ext. 1004