Since the inception of the Recovery Act, Rural Development has invested over $21 billion in new loans and grants to rural areas across the country. In the years ahead, RD staff will focus on servicing this expanded portfolio to ensure that the benefits of these new projects are reaped by rural residents now and in the future. While the full economic impact is not yet quantifiable, the direct impact is shown in the more than 300,000 jobs created or saved as a result of our Recovery Act Investments. These investments lay the groundwork for continued job creation years into the future.
The following two publications provide highlights of some of Rural Development’s efforts under the Recovery Act to modernize, renew, and rebuild rural communities across the country: