🌱Funding Opportunity for Rural Community Development Initiative
Notice of Funding Opportunity for the Rural Community Development Initiative (RCDI) for Fiscal Year 2025
Summary
The Rural Housing Service (RHS or the Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), announces the acceptance of applications under the Rural Community Development Initiative (RCDI) program for fiscal year (FY) 2025. Approximately $5 million in funding is available for FY 2025. These grants will be made to qualified Intermediary organizations that will provide financial and Technical assistance to Recipients to develop their capacity and ability to undertake projects related to housing, community facilities, or community and economic development that will support the community. Applicants are responsible for any expenses incurred in developing their applications.
Agencies
- Agriculture Department
- Rural Housing Service
Business Impact
$$$ - High
The notice details a funding opportunity for the Rural Community Development Initiative (RCDI) that provides grants up to $500,000 to qualified intermediary organizations for capacity-building projects focused on rural housing and community development. This directly affects businesses through potential funding for infrastructure improvements and economic development in rural areas.