USDA Programs
Community Facilities and Rural Utilities Programs
The US Department of Agriculture offers several programs that can be useful for economic development projects, two of which in particular are the Community Facilities and Rural Utilities Programs:
Community Facilities
The Community Facilities Program offers direct loans, loan guarantees and grants to develop or improve essential public services and facilities in communities across rural America. These amenities help increase the competitiveness of rural communities in attracting and retaining businesses that provide employment and services for their residents.
Public bodies, non-profit organizations and federally recognized American Indian Tribes can use the funds to construct, expand or improve facilities that provide health care, education, public safety, and public services.
Projects include fire and rescue stations, village and town halls, health care clinics, hospitals, adult and child care centers, assisted living facilities, rehabilitation centers, public buildings, schools, libraries, and many other community-based initiatives. Financing may also cover the costs for land acquisition, professional fees, and purchase of equipment. These facilities not only improve the basic quality of life, but also assist in the development and sustainability of rural America.

Additional Information
We are here to help you with any questions you might have. Feel free to submit a Free Project Analyis Request for more detailed information regarding your specific scenario.
What do Rural Development Community Facilities Programs Include?
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Rural Development Community Facilities Programs include:
- Community Facilities Direct Loans & Grants
- Community Facilities Loan Guarantees
- Community Facilities Re-lending Program
- Community Facilities Technical Assistance and Training Grant
- Economic Impact Initiative Grants
- Rural Community Development Initiative Grants
- Tribal College Initiative Grants
What is a Rural Utilities Service?
USDA’s Rural Utilities Service (RUS) administers programs that provide much-needed infrastructure or infrastructure improvements to rural communities. These include water and waste treatment, electric power and telecommunications services. All of these services play a critical role in helping to expand economic opportunities and improve the quality of life for rural residents. Grants, loan guarantees and direct loans are available. Contact CBO today to see what programs may apply to your project.
CBO Financial focuses on economic, environmental, and societal benefits to empower businesses, nonprofits, and municipal agencies to create jobs, improve infrastructure, and enhance the quality of life in underserved areas. By combining public and private funding sources, CBO Financial ensures that projects in low-income communities can progress efficiently and cost-effectively, driving meaningful revitalization.We’ve financed over $1 billion in high-impact investments nationwide, including $150 million using New Markets Tax Credits awarded to a CBO subsidiary. Backed by powerful funding tools and expertise, you’ll be pushed through to the finish line.
New Markets Tax Credit Programs
Capital Magnet Fund
Bond Guarantee Program
CDFI Certification
Technical Assistance Awards
Financial Assistance Awards
Small Dollar Loan Program
National Community Investment Fund
National Community Investment Fund
Clean Communities Investment Accelerator
Clean Communities Investment Accelerator
Business & Industry
Community Facilities
Rural Energy for America Program
Rural Energy for America Program
Federal Historic Tax Credits