USDA Logo Rural Development Logo USDA Rural Development Main Masthead
SpacerHomeDividerAbout RDDividerNewsroomDividerAgencies & OfficesDividerPrograms & OpportunitiesDividerHelpDividerContact UsDividerEn Español
Search RD
Spacer
Go
Spacer
Browse by Audience
Spacer
Spacer
Browse by Subject
Spacer
Business
Community Development
Cooperatives
Energy
Housing
Utilities
Loans
Grants
Technical Assistance
Forms and Publications
Regulations and Guidance
Online Services
Left Navigation Menu Bottom
Newsroom
News Release
Release No. STELPRD4015914
ContactToni Grimes(706) 552-2561
Business Programs Divison(706) 546-2154
Printable Version  Printable Version
(APRIL 25, 2012) USDA RURAL DEVELOPMENT GEORGIA EXTENDS APPLICATION DEADLINE FOR INTERMEDIARY RELENDING PROGRAM TO MAY 16, 2012

Statewide, Apr 25, 2012 -- Quinton Robinson, acting state director of USDA Rural Development, today announced the deadline for the Intermediary Relending Program (IRP) applications has been extended to May 16, 2012.

This program is to finance business development or expansion and community projects in rural areas. The objective is to increase economic activity and employment in rural communities. This is achieved through loans made by the Agency to intermediaries. A revolving loan fund is established by the intermediary. The intermediary relends the funds to an ultimate recipient for eligible purposes.

Applicants may be private nonprofit corporations, public agencies or cooperatives that are new or existing intermediaries, to relend the funds to eligible recipients in rural areas with population of 25,000 or fewer.

The state allocation of program funding is $160,000. Applicants requesting larger amounts may compete for national pooled funds.

Contact the Business Programs Division at (706) 552-2561 or (706) 546-2154, or for further information visit http://www.rurdev.usda.gov/gabusinessprograms.html

# # #

Last Modified:11/29/2012 
 
Footer Corner
RD Home | USDA.gov | Site Map | Policies and Links
FOIA | Accessibility Statement | Privacy Policy | Non-Discrimination Statement | Information Quality | FirstGov | White House