Intermediary Relending Program

Type
Funding
Grant Deadline
Organization
USDA
Description

Applications accepted year round. This program provides 1 percent low-interest loans to local intermediaries that re-lend to businesses to improve economic conditions and create jobs in rural communities.

Funding Amount
$250,000; or 75 % of the total cost of the ultimate recipient's project for which the loan is being made, whichever is less.
Matching Funds
Not mentioned
Geography
Eligibility
Federally-recognized Tribes; or an eligible rural area