USDA Rural Development - PowerPoint PPT Presentation


Title: USDA Rural Development


1
USDA Rural Development
  • 2008 Pacific Aviation Directors Workshop
  • Saipan, CNMI
  • April 1, 2008

2
Who is Rural Development?
  • Farmers Home Administration
  • Rural Economic Community Development
  • Rural Development Administration
  • Rural Electrification Administration

3
Mission Statement
  • Increase economic opportunity in rural America
  • Improve the quality of life in rural America

4
Rural Development
  • Over 40 grant, direct loan, and guaranteed loan
    programs to finance housing, businesses, and
    infrastructure in rural areas.
  • Program Areas
  • Rural Housing Programs
  • Rural Utility Programs
  • Rural Business and Cooperative Programs

5
Rural Housing Services
  • Community Facilities (CF) Program
  • Programs designed to develop and improve
    essential community facilities and services for
    public use in rural areas.
  • Direct and Guaranteed loans and grants are
    available

6
Community Facilities Program
  • Health care facilities include hospitals, nursing
    homes, assisted living, clinics and telemedicine.
  • Public safety facilities include police, fire
    rescue facilities, fire stations and prisons.
  • Public service facilities include airports,
    community buildings, courthouses, public
    maintenance buildings, roads, bridges, libraries,
    schools and distance learning.

7
Eligible purposes
Construction Expansion Renovation and
improvements Equipment and vehicle acquisition
8
ELIGIBLE ORGANIZATIONS
  • Public Bodies
  • Federally Recognized Indian Tribes
  • Non-Profit Corporations

9
Community Facilities
  • Interest Rates
  • Guaranteed loans - negotiated between the lender
    and the borrower, fixed or variable.
  • Direct loan - interest rate currently ranges from
    4.5 to 5.0.
  • Loan Terms
  • The useful life of the facility, but not to
    exceed State Statute or forty (40) years,
    whichever is less.

10
Rural Housing Services
  • CF Guaranteed Loans
  • Rural Developments CF Guaranteed Loan program
    partners with lending institutions to provide
    loans for essential community facilities.
  • A guaranteed loan is often made in combination
    with a direct loan, but can also be made alone.

11
PERCENT OF GUARANTEE
  • The Guarantee is negotiated between the lender
    and the agency.
  • The maximum guarantee is 90.
  • The lender must retain 5 of the total loan from
    the unguaranteed portion.
  • Cannot guarantee tax exempt issues.

12
Rural Community Development Initiative (RCDI)
  • Program started in Fiscal Year 2000
  • Encompasses all Rural Development
  • programs.
  • Administered by Community Programs Division

13
What is RCDI?
  • A grant program to develop the capacity and
    ability of
  • nonprofit organizations, low-income rural
    communities, or federally recognized tribes,
  • in the areas housing, community facilities, or
    community and economic development.

14
RCDIAssistance Delivery System
  • Rural Development
  • Intermediary (Grantee)
  • Recipient
  • Beneficiary

15
Funding
  • Annual allocation of 6,000,000
  • Minimum grant request - 50,000
  • Maximum grant request 300,000

16
Technical Assistance
  • Skilled help to improve the recipients ability
    to undertake community development projects.
  • The intermediary must provide a program of
    technical assistance to the recipient.

17
Eligible/Ineligible Purposes
  • The following slides provide examples of
  • eligible and ineligible purposes these are
  • not all-inclusive.

18
Eligible Purposes
  • Provide training programs
  • Hire staff to implement RCDI-eligible purposes
  • Home-ownership education

19
Eligible Purposes
  • Purchase computer, printer, and software at
    recipient level
  • Training for business entrepreneurs
  • Improve organizational capacity through
    management training

20
Eligible Purposes
  • Financial Management
  • Strategic planning
  • Train the Trainer concept

21
Ineligible Purposes
  • Purchasing real estate
  • Construction, renovations, or any
    construction-related activities

22
Ineligible Purposes
  • Paying general operating expenses
  • Funding Individual Development Accounts (IDAs)

23
Intermediary
  • A private, nonprofit or public (including tribal)
    organization, that,
  • provides a program of technical assistance to
    recipients.

24
Intermediary Requirements
  • Must have been organized for a minimum of 3
    years.
  • Expertise in providing technical assistance to
    the types of recipients in their proposal.
  • Utilize funds within 3 years.

25
Intermediary Requirements
  • Must use funds to develop the capacity and
    ability of recipient through a technical
    assistance program.
  • Provide matching funds in an amount equal to the
    grant amount.
  • No restriction on intermediary location.

26
Matching Funds
  • Cash or confirmed funding commitments.
  • Must be used for the same purposes as the RCDI
    grant funds.
  • Will be used in equal proportions with RCDI
  • grant funds.

27
Matching Funds
  • Must be actual dollars spent on the program.
  • Salaries cannot be used as a match.
  • NO in-kind contributions.

28
Recipient
  • The entity that receives the technical assistance
    from the intermediary.
  • Eligible recipients are
  • Nonprofit organizations
  • Low-income rural communities
  • Federally recognized tribes

29
Recipient Requirements
  • Nonprofit organizations valid documentation of
    nonprofit status
  • Low-income rural community a median household
    income at or below 80 percent of the State or
    national MHI
  • Federally recognized tribes listed in Federal
    Register Notice

30
Beneficiary
  • Entities or individuals that ultimately
  • receive benefits from assistance provided
  • by the recipient.

31
Section 9006 Rural Renewable Energy and Energy
Efficiency Program
  • Program designed to assist farmers, ranchers and
    rural small businesses with energy projects.
  • Provides guaranteed loans and/or grants for
    renewable energy and/or energy efficiency
    projects.

32
Who is Eligible?
  • Rural small businesses and agricultural producers
    can apply
  • Rural All of the Western Pacific
  • Agricultural Producer -- An individual or
    entity directly engaged in the production of
    agricultural products (including farming or
    ranching) that gets 50 of their gross income
    from the operations

33
Who is Eligible?
  • Small Business Must meet Small Business
    Administration (SBA) small business size
    standards
  • www.sba.gov/size/indextableofsize.html
  • Non-profits are excluded.

34
What Projects are Eligible?
  • Any renewable energy or energy efficiency project
    as defined in the law.
  • Biomass, Anaerobic Digester, Geothermal (electric
    generation and direct use), Hydrogen, Wind, Solar
    (photovoltaic and thermal) and
  • Energy Efficiency Improvements--improvements to a
    facility, building, or process that reduces
    energy consumption, or reduces energy consumed
    per square foot.

35
What Projects are Eligible?
  • Grants request can be up to 25 of project costs
  • Renewable Energy
  • Minimum grant request 2,500 (10,000 project)
  • Maximum grant request 500,000 (2,000,000
    project)
  • Energy Efficiency
  • Minimum grant request 1,500 (6,000 project)
  • Maximum grant request 250,000 (1,000,000
    project)

36
Contact Information
  • USDA Rural Development
  • Western Pacific Area Office
  • FHB Building, Suite 303
  • 400 Route 8
  • Hagatna, GU 96910
  • Phone 472-7361/2/3
  • Joseph M. Diego, Area Director
  • Bernadette J.U. Balajadia Area Specialist
  • Steve Cruz, Area Specialist
  • Web Site http//www.rurdev.usda.gov/rhs/

37
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USDA Rural Development

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Transcript and Presenter's Notes

Title: USDA Rural Development


1
USDA Rural Development
  • 2008 Pacific Aviation Directors Workshop
  • Saipan, CNMI
  • April 1, 2008

2
Who is Rural Development?
  • Farmers Home Administration
  • Rural Economic Community Development
  • Rural Development Administration
  • Rural Electrification Administration

3
Mission Statement
  • Increase economic opportunity in rural America
  • Improve the quality of life in rural America

4
Rural Development
  • Over 40 grant, direct loan, and guaranteed loan
    programs to finance housing, businesses, and
    infrastructure in rural areas.
  • Program Areas
  • Rural Housing Programs
  • Rural Utility Programs
  • Rural Business and Cooperative Programs

5
Rural Housing Services
  • Community Facilities (CF) Program
  • Programs designed to develop and improve
    essential community facilities and services for
    public use in rural areas.
  • Direct and Guaranteed loans and grants are
    available

6
Community Facilities Program
  • Health care facilities include hospitals, nursing
    homes, assisted living, clinics and telemedicine.
  • Public safety facilities include police, fire
    rescue facilities, fire stations and prisons.
  • Public service facilities include airports,
    community buildings, courthouses, public
    maintenance buildings, roads, bridges, libraries,
    schools and distance learning.

7
Eligible purposes
Construction Expansion Renovation and
improvements Equipment and vehicle acquisition
8
ELIGIBLE ORGANIZATIONS
  • Public Bodies
  • Federally Recognized Indian Tribes
  • Non-Profit Corporations

9
Community Facilities
  • Interest Rates
  • Guaranteed loans - negotiated between the lender
    and the borrower, fixed or variable.
  • Direct loan - interest rate currently ranges from
    4.5 to 5.0.
  • Loan Terms
  • The useful life of the facility, but not to
    exceed State Statute or forty (40) years,
    whichever is less.

10
Rural Housing Services
  • CF Guaranteed Loans
  • Rural Developments CF Guaranteed Loan program
    partners with lending institutions to provide
    loans for essential community facilities.
  • A guaranteed loan is often made in combination
    with a direct loan, but can also be made alone.

11
PERCENT OF GUARANTEE
  • The Guarantee is negotiated between the lender
    and the agency.
  • The maximum guarantee is 90.
  • The lender must retain 5 of the total loan from
    the unguaranteed portion.
  • Cannot guarantee tax exempt issues.

12
Rural Community Development Initiative (RCDI)
  • Program started in Fiscal Year 2000
  • Encompasses all Rural Development
  • programs.
  • Administered by Community Programs Division

13
What is RCDI?
  • A grant program to develop the capacity and
    ability of
  • nonprofit organizations, low-income rural
    communities, or federally recognized tribes,
  • in the areas housing, community facilities, or
    community and economic development.

14
RCDIAssistance Delivery System
  • Rural Development
  • Intermediary (Grantee)
  • Recipient
  • Beneficiary

15
Funding
  • Annual allocation of 6,000,000
  • Minimum grant request - 50,000
  • Maximum grant request 300,000

16
Technical Assistance
  • Skilled help to improve the recipients ability
    to undertake community development projects.
  • The intermediary must provide a program of
    technical assistance to the recipient.

17
Eligible/Ineligible Purposes
  • The following slides provide examples of
  • eligible and ineligible purposes these are
  • not all-inclusive.

18
Eligible Purposes
  • Provide training programs
  • Hire staff to implement RCDI-eligible purposes
  • Home-ownership education

19
Eligible Purposes
  • Purchase computer, printer, and software at
    recipient level
  • Training for business entrepreneurs
  • Improve organizational capacity through
    management training

20
Eligible Purposes
  • Financial Management
  • Strategic planning
  • Train the Trainer concept

21
Ineligible Purposes
  • Purchasing real estate
  • Construction, renovations, or any
    construction-related activities

22
Ineligible Purposes
  • Paying general operating expenses
  • Funding Individual Development Accounts (IDAs)

23
Intermediary
  • A private, nonprofit or public (including tribal)
    organization, that,
  • provides a program of technical assistance to
    recipients.

24
Intermediary Requirements
  • Must have been organized for a minimum of 3
    years.
  • Expertise in providing technical assistance to
    the types of recipients in their proposal.
  • Utilize funds within 3 years.

25
Intermediary Requirements
  • Must use funds to develop the capacity and
    ability of recipient through a technical
    assistance program.
  • Provide matching funds in an amount equal to the
    grant amount.
  • No restriction on intermediary location.

26
Matching Funds
  • Cash or confirmed funding commitments.
  • Must be used for the same purposes as the RCDI
    grant funds.
  • Will be used in equal proportions with RCDI
  • grant funds.

27
Matching Funds
  • Must be actual dollars spent on the program.
  • Salaries cannot be used as a match.
  • NO in-kind contributions.

28
Recipient
  • The entity that receives the technical assistance
    from the intermediary.
  • Eligible recipients are
  • Nonprofit organizations
  • Low-income rural communities
  • Federally recognized tribes

29
Recipient Requirements
  • Nonprofit organizations valid documentation of
    nonprofit status
  • Low-income rural community a median household
    income at or below 80 percent of the State or
    national MHI
  • Federally recognized tribes listed in Federal
    Register Notice

30
Beneficiary
  • Entities or individuals that ultimately
  • receive benefits from assistance provided
  • by the recipient.

31
Section 9006 Rural Renewable Energy and Energy
Efficiency Program
  • Program designed to assist farmers, ranchers and
    rural small businesses with energy projects.
  • Provides guaranteed loans and/or grants for
    renewable energy and/or energy efficiency
    projects.

32
Who is Eligible?
  • Rural small businesses and agricultural producers
    can apply
  • Rural All of the Western Pacific
  • Agricultural Producer -- An individual or
    entity directly engaged in the production of
    agricultural products (including farming or
    ranching) that gets 50 of their gross income
    from the operations

33
Who is Eligible?
  • Small Business Must meet Small Business
    Administration (SBA) small business size
    standards
  • www.sba.gov/size/indextableofsize.html
  • Non-profits are excluded.

34
What Projects are Eligible?
  • Any renewable energy or energy efficiency project
    as defined in the law.
  • Biomass, Anaerobic Digester, Geothermal (electric
    generation and direct use), Hydrogen, Wind, Solar
    (photovoltaic and thermal) and
  • Energy Efficiency Improvements--improvements to a
    facility, building, or process that reduces
    energy consumption, or reduces energy consumed
    per square foot.

35
What Projects are Eligible?
  • Grants request can be up to 25 of project costs
  • Renewable Energy
  • Minimum grant request 2,500 (10,000 project)
  • Maximum grant request 500,000 (2,000,000
    project)
  • Energy Efficiency
  • Minimum grant request 1,500 (6,000 project)
  • Maximum grant request 250,000 (1,000,000
    project)

36
Contact Information
  • USDA Rural Development
  • Western Pacific Area Office
  • FHB Building, Suite 303
  • 400 Route 8
  • Hagatna, GU 96910
  • Phone 472-7361/2/3
  • Joseph M. Diego, Area Director
  • Bernadette J.U. Balajadia Area Specialist
  • Steve Cruz, Area Specialist
  • Web Site http//www.rurdev.usda.gov/rhs/

37
Questions
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