Agriculture Secretary Tom Vilsack today announced the selection of 27 recipients in rural communities for loans and grants to spur economic development and create or save jobs.
“The funding I am announcing today will help rural businesses, entrepreneurs and tribal communities obtain the financing they need to grow their businesses and create jobs,” Vilsack said.
USDA is providing the loans and grants through Rural Development’s Rural Economic Development Loan and Grant (REDL/G) program, the Intermediary Relending Program (IRP), and the Rural Business Enterprise Grant (RBEG) program. The three programs are designed to help rural communities attract capital investments that lead to successful business development, job creation, infrastructure improvements, and economically vibrant communities.
