The USDA is seeking applications for loans and grants to help rural businesses create jobs and spur economic development.
USDA Rural Development plans to award up to $8.6 million through the Rural Community Development Initiative program.
Applications are sought for projects that:
• Provide technical assistance to improve the capacity of local organizations to complete successful housing, economic development and community facilities projects;
• Help recipients complete pre-development requirements – such as architectural and engineering plans;
• Help development organizations improve their board operations, management and knowledge of financial and information technology systems;
• Provide home ownership education or training for entrepreneurs.
The deadline for submitting RCDI applications is May 9, 2012. Applications must be submitted to the USDA Rural Development state office where the applicant's headquarters are located. A list of these offices is available on the USDA Rural Development website.
The contact information for the offices in the Carolina Virginia regions are:
Randall A. Gore, State Director
4405 Bland Road, Suite 260
Raleigh, NC 27609
Voice: (919) 873-2000
Fax: (919) 873-2075
Vernita Dore, State Director
Strom Thurmond Federal Building
1835 Assembly Street, Room 1007
Columbia, SC 29201
Voice: (803) 765-5163
Fax: (803) 765-5633
Ellen Matthews Davis, State Director
Culpeper Building, Suite 238
1606 Santa Rosa Road
Richmond, VA 23229
Voice: (804) 287-1550
Fax: (804) 287-1718
Robert Lewis, State Director
1550 Earl Core Road, Suite 101
Morgantown, WV 26505
Voice: 1 (800) 295-8228 (toll free) or (304) 284-4860
Fax: (304) 284-4891
Part of the funding will be awarded under the Rural Jobs and Innovation Accelerator umbrella. For more information on these requirements click here. These applications are also due May 9.
"This funding is part of the Obama administration's commitment to using existing federal resources to foster regional innovation, create sustainable jobs and help ensure long-term prosperity," says US Secretary of Agriculture Tom Vilsack.. "The funding will speed up job creation and new business start-ups and expansions by building regional economic systems in rural areas.
For more information about this grant funding, see the March 21 Federal Register.