|(MARCH 21, 2012) PROJECT APPLICATIONS ACCEPTED TO SPUR JOB CREATION, ECONOMIC GROWTH IN RURAL AREAS|
|USDA funds available for regional economic development strategies|
|Washington, D.C., Mar 21, 2012
@@For immediate release
PROJECT APPLICATIONS ACCEPTED TO SPUR JOB CREATION, ECONOMIC GROWTH IN RURAL AREAS
USDA funds available for regional economic development strategies
WASHINGTON, March 21, 2012 – Agriculture Secretary Tom Vilsack announced today that USDA is seeking applications for grants to help rural businesses create jobs and spur economic development.
“This funding is part of the Obama administration’s commitment to using existing federal resources to foster regional innovation, create sustainable jobs and help ensure long-term prosperity,” Vilsack said. “The funding will speed up job creation and new business start-ups and expansions by building regional economic systems in rural areas.”
USDA Rural Development plans to award up to $8.6 million through the Rural Community Development Initiative program. Applications are sought for projects that:
Provide technical assistance to improve the capacity of local organizations to complete successful housing, economic development and community facilities projects;
Help recipients complete pre-development requirements such as architectural and engineering plans;
Help development organizations improve their board operations, management and knowledge of financial and information technology systems;
Provide homeownership education or training for entrepreneurs.
Part of the RCDI funds to be awarded may be used for projects associated with the Rural Jobs and Innovation Accelerator Challenge, announced on March 8, 2012.
The deadline for submitting RCDI applications is May 9, 2012. Applications must be submitted to the USDA Rural Development Utah state office located at: 125 South State Street, RM 4211, Salt Lake City, UT. The deadline to apply for RCDI funding for Rural Jobs and Innovation Accelerator projects is May 9, 2012. For more information on how to apply, please visit Grants.gov.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $165 billion in affordable loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
Contact: Jamie Welch Jaro, Public Affairs Officer, Jamie.WelchJaro@ut.usda.gov (801) 524-4324