Closed · RD-RBCS-24-REDLG · CFDA 10.854 · Discretionary

Rural Economic Development Loan and Grant

Federal grant opportunity posted by Rural Business-Cooperative Service, cataloged on Grants.gov.

up to $2M
Award range
Closed
Status
June 30, 2024
Close date
40
Expected awards

The verdict

Rural Economic Development Loan and Grant is a closed discretionary listing from Rural Business-Cooperative Service that offered Up to $2,000,000 across 40 expected awards. Future funding cycles may be published under the same CFDA number. PlainGrants indexes 127 other opportunities from Rural Business-Cooperative Service.

up to $2M
award range
Closed
application status
40
expected awards
10.854
CFDA program

Archived opportunity record

Rural Economic Development Loan and Grant is closed (last close June 30, 2024). Check the agency catalog for replacement NOFOs. Rural Business-Cooperative Service still indexes 127 other opportunities here.

According to Grants.gov (extract vintage 2026-08-10), this record reflects the officially published listing. See methodology.

Deadline tracker

Application window closed

Closed June 30, 2024

Posted Dec 18 Closes Jun 30

Expected Awards

40

Instrument

Other

Cost Sharing

Required

Description

The Rural Economic Development Loan and Grant program provides funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. The ultimate recipients repay the lending utility directly. The utility then is responsible for repayment to USDA. USDA provides grants to local utility organizations which use the funding to establish Revolving Loan Funds (RLF). Loans are made from the revolving loan funds to projects that will create or retain rural jobs. When the revolving loan fund is terminated, the grant is repaid to USDA.The Agency anticipates the following maximum amounts per award: Loans - $2,000,000; Grants - $300,000.

Catch-all / unrestricted eligibility mark · RD-RBCS-24-REDLG

Grants.gov marks Rural Economic Development Loan and Grant with a catch-all / unrestricted eligibility code (Others (see official listing text)). Read the official announcement text for the real applicant filter — the code alone is not a door list. Applicant cost-sharing is required on the Grants.gov extract. Instrument: Other. Funding-activity codes span Agriculture · Business and Commerce · Community Development · Education · Health · Regional Development (AG;BC;CD;ED;HL;RD). This eligibility-code string dominates the Rural Business-Cooperative Service book (56 peers, 44% of 128).

Code 25
Others (see official listing text)

Codes are Grants.gov eligibility category values from the extract vintage 2026-08-10. Confirm the full eligibility statement on the official listing or the Grants.gov eligibility reference.

Official Listing on Grants.gov

View full details, application forms, and submission instructions.

View on Grants.gov

Agency Contact

Cindy Mason Program Manager

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What to do next

Rural Economic Development Loan and Grant is closed; use the parent program and agency catalog for the next funding cycle.

  • Browse open federal opportunities in the same category when this listing is closed. Open opportunities
  • Look up CFDA 10.854 across all indexed listings before you commit to this opportunity alone. Eligibility finder
  • Compare award ranges across federal categories before you pick a single CFDA. All categories

Opportunity deadlines and eligibility change on Grants.gov; PlainGrants mirrors the extract and is not the submission system.

Disclaimer: This information is sourced from Grants.gov and SAM.gov and is for informational purposes only. Opportunity details, deadlines, and eligibility requirements change frequently. Always verify current information directly on Grants.gov before applying. PlainGrants is not affiliated with any federal agency.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from the SAM.gov Assistance Listings and Grants.gov. See our methodology for details. Retrieved and formatted by PlainGrants