b'RCACs Loan Fund reached multiple milestones during the last five years. In 2016, the Loan Fund reached $100 million in lending capital. It celebrated 30 years of lending in 2018. As of the fiscal year end on Sept. 30, 2019, RCAC closed 1,106 loans, which totaled $609,806,356 and leveraged more than $2.2 billion for projects in rural communities. These loans supported 110,644 individual water and wastewater connections for rural citizens, 15,001 housing units; 11,389,803 feet of community facility space; and created or retained 20,534 jobs.By April 2019, lending capital was $90,879,459, with $35,906,394 equity.In response to COVID-19s impact and growing threat to rural America, the Loan Fund quickly began taking steps to support its borrowers who are experiencing financial strain now, or may in the near future. RCAC offered loan and interest deferments and other COVID response facilities, such as Paycheck Protection Program (PPP) loans. To ensure sufficient lending cap-ital to make the loans, RCAC developed new partnerships and welcomed new investment opportunities. To date RCAC has made more than 80 PPP loans totaling nearly $9 million.In addition, RCAC is working with investors to develop solutions to support rural communities and ensure they have the resources necessary to emerge from the crisis intact or stronger. The newly created Re-Emerging Loan Fund (RELieF) will provide resources for small businesses as they re-enter their marketplaces post COVID.RCAC currently has 354 loans under management, totaling more than $96.9 million. Additionally, RCAC manages 67 loans totaling more than $54 million on behalf of other lenders and investors.'