Community Facilities Programs can make and guarantee loans to develop essential community facilities in rural areas and towns of up to 20,000 in population. Loans and guarantees are available to public entities such as municipalities, counties, parishes, boroughs, and special-purpose districts, as well as to non-profit corporations and tribal governments. Priority is given to health care, education and public safety projects. Typical projects are hospitals, health clinics, schools, fire houses, community centers and many other community based initiatives.
This type of assistance may require that a business level feasibility study be completed by an independent qualified consultant as part of the application. The application process mirrors the B&I Loan application process. Contact us today to see how a USDA CF loan could be the right tool to finance your community facility.
"We make a living with what we get, but we make a life with what we give." Winston Churchill