Rural Development White House Initiative on Historically Black

Rural Development White House Initiative on Historically Black

Rural Development White House Initiative on Historically Black Colleges & Universities January 21, 2016 United States Department of Agriculture Rural Developments Mission To assist rural communities in creating prosperity so they are self-sustaining and economically thriving through investments that create ladders of opportunity, build regional resilience and support the growth of emerging markets. 2 RDs 2016 Funding Levels PROGRAM Dollars in Millions Total all RD

$40,000 Yes $40 Billion Total Rural Housing & Community Facilities $29,000 Total Rural Business and Cooperatives Total Rural Utilities $1,449 $8,795 Programs of Interest - Specific Levels RHS Community Facilities Programs $2,387 RBS Business & Industry $946

RBS Renewable Energy Programs $199 RUS Distance Learning & Telemedicine & Broadband Programs $52 RUS Water & Environmental Programs $1,740 RUS Telecommunications Programs $691 3 Rural Development Program Areas Rural Utilities Service

Program Areas Rural Housing & Community Facilities Rural Business & Cooperative Service Electric Program Water & Environmental Programs Telecommunications and Broadband Programs Homeownership Loans Home Repair Loans & Grants Mutual Self-Help TA Grants Multi-Family Housing Loans Housing Preservation Grants

Community Facilities Loans & Grants Business and Industry Guaranteed Loans Rural Business Enterprise Grants Rural Business Opportunity Grants Intermediary Relending Program Rural Energy for America Program Value Added Producer Grants Cooperative Development Assistance 4 Better Assist High Need Communities StrikeForce Promise Zones

Stronger Economies Together CEDs It takes a partnership of willing community leaders, residents, bankers, visionaries AND USDA Rural Development to revitalize our rural communities. The possibilities are endless. [email protected] 6

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