Closed · RD-RBCS-25-REDLG · CFDA 10.854 · Discretionary

Rural Economic Development Loan and Grant

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

Varies
Award range
Closed
Status
June 30, 2025
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 Varies by applicant across 40 expected awards. Future funding cycles may be published under the same CFDA number.

Varies
award range
Closed
application status
40
expected awards
10.854
CFDA program

Opportunity snapshot. This Grants.gov announcement - Rural Economic Development Loan and Grant - is cataloged under number RD-RBCS-25-REDLG and tied to CFDA assistance listing 10.854, posted by Rural Business-Cooperative Service. Grants.gov currently shows the opportunity as closed, first posted on August 26, 2024. The funding category is Discretionary, delivered as a other.

Award economics. The award range on file is Varies by applicant. It expects to issue 40 awards. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources, factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.

Deadline and action path. This opportunity closed on June 30, 2025. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully, federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed, it helps clarify scope and scoring priorities. Before acting on the deadline or award figures above, verify them directly on the official Grants.gov listing, amendments can change dates and amounts after this page was last refreshed.

Award Range

Varies by applicant

Close Date

June 30, 2025

The deadlines for complete applications to be received in the USDA Rural Development State Office for quarterly funding competitions are no later than 4:30 p.m. (local time) on: First Quarter, September 30, 2024; Second Quarter, December 31, 2024; Third Quarter, March 31, 2025 and Fourth Quarter, June 30, 2025.

Posted

August 26, 2024

Expected Awards

40

Instrument

Other

Cost Sharing

Required

Description

Agency Name: Rural Business-Cooperative ServiceDescription:The Rural Economic Development Loan and Grant programs provide funding for rural projects through local utilityorganizations. 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 thelending 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 (RLFs). Loansare made from the revolving loan funds to projects that will create or retain rural jobs. When the revolving loan fund isterminated, the grant is repaid to USDA.The Agency anticipates the following maximum amounts per award: Loans - $2,000,000; Grants - $300,000.

Eligibility

Grants.gov lists this opportunity under eligibility category code 25. These codes correspond to applicant types (state/local government, tribal organization, nonprofit, educational institution, individual, small business, etc.) defined in Grants.gov's own eligibility reference. See the current Grants.gov eligibility categories or check the official listing below for this opportunity's exact eligibility statement.

Official Listing on Grants.gov

View full details, application forms, and submission instructions.

View on Grants.gov

Agency Contact

Cindy Mason Business Loan and Grant Analyst Phone 202-690-1433

Key Dates

Posted August 26, 2024
Close Date June 30, 2025
Archive Date July 30, 2025
Last Updated August 26, 2024

Frequently Asked Questions

What is this grant opportunity?
This is a federal funding opportunity titled "Rural Economic Development Loan and Grant", offered by Rural Business-Cooperative Service. It is associated with CFDA program 10.854. Agency Name: Rural Business-Cooperative ServiceDescription:The Rural Economic Development Loan and Grant programs provide funding for rural projects through local utilityorganizations. USDA provides z...
Is this opportunity still open?
No, this opportunity is closed. It closed on June 30, 2025. Check the parent program page for future funding cycles.
How much funding is available?
The award range for this opportunity is Varies by applicant. Expected number of awards: 40.
How do I apply?
Applications for federal grant opportunities are typically submitted through Grants.gov. Visit the official listing at grants.gov for application instructions, required documents, and submission deadlines.

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.

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