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USDA Rural Development Sustaining Relationships in Indian Country. Community Facilities Programs. Grants FY 14 ~ $13 Million Tribal College Initiative ~ $4 Million Economic Impact Grants ~ $ 5.7 Million Direct Loans Poverty, Intermediate and Market Rates FY 14 ~ $2.2 Billion
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USDA Rural DevelopmentSustaining Relationships inIndian Country
Community Facilities Programs Grants • FY 14 ~ $13 Million • Tribal College Initiative ~ $4 Million • Economic Impact Grants ~ $5.7 Million Direct Loans • Poverty, Intermediate and Market Rates • FY 14 ~ $2.2 Billion Guaranteed Loans • Negotiate interest rate • FY 14 ~ $74.7 Million Rural Community Development Initiative (RCDI) • FY 14 ~ $5.9 Million Contact: • State and/or Local Office www.rurdev.usda.gov/HCF_CF.html 2
Community Facilities Programs • Who can participate? • Rural areas or Towns of up to 20,000 population • Indian Tribes • Public Entities • Municipalities • Counties • Non Profit Corporations • Special Use Districts
Community Facilities Programs • Purpose • Provide an essential service to a single community, county, or several communities • Provide a service that is typically provided by a local unit of Government • Be needed for the orderly development of the Rural Community
Community Facilities Programs • What’s Eligible? • Health Care Facilities • Hospitals • Clinics • Nursing Homes
Community Facilities Programs • What’s Eligible? • Public Safety Facilities • Fire Stations/Trucks • Fire Equipment • Police Stations • Ambulance
Community Facilities Programs • What’s Eligible? • Public Service Facilities • Community Buildings • Libraries • Fair Grounds • Daycare Centers • Tribal College Facilities and associated equipment
Community Facilities Programs • Other Eligible Related Costs • Reasonable Engineering/Architectural fees and costs • Costs of acquiring land, rights-of-way • Professional Fees • Purchase of Land, Right-of-ways, etc.
Community Facilities Programs • How does it work? • SF 424, Application For Federal Assistance • Feasibility Report • Preliminary Architectural Report • Environmental Information • Financial statements • Organizational documents
Community Facilities Programs • Security Options • Accounts Receivable • General Obligation or Revenue Bonds • Lodgers Tax • Contracts • Repayment Terms • Useful life of the Facility
Community Facilities Programs • Interest Rates – Direct Loans • Poverty Rate: 4.50% • Intermediate Rate: 4.25% • Market Rate: 4 % • Interest Rates – Guaranteed Loans • Is the lender’s customary interest rate for similar projects. The rate may be fixed or variable and is determined by the lender and borrower. • AN 4754 - "Funding for Renewable Energy Sources for Essential Community Facilities" www.rurdev.usda.gov/SupportDocuments/an4754.pdf
Electric Programs Electric Loans • FY14 ~ $5.5 Billion • Energy Efficiency Program High Energy Cost Grant Program • FY14 ~ $10 Million Contact: • Electric General Field Representatives • National Office Additional information: www.rurdev.usda.gov/UEP_HomePage.html 18
Rural Business & Cooperative Programs Business and Industry (B&I) Guaranteed Loans • FY14 ~ $958 million Rural Energy for America Program (REAP) • Renewable Energy Systems and Energy Efficiency Improvements • Grant applications due July 7 • Loan Guarantee applications are due July 31 Value Added Producer Grant • FY 14 ~ $67.7 million • AN 4742 “Tribal Entity Eligibility” Cooperative Development Programs Contact: State and/or Local Office Rural Business Enterprise Grants (RBEG) • FY14 ~ $21.1 million Rural Business Opportunity Grants (RBOG) • FY14 ~ $920,000 Intermediary Relending Program (IRP) • FY14 ~ $16.3 million Set Asides for Federally Recognized Tribes FY14 ~$2.4 million FY14 ~$1.3 million FY14 ~$2.4 million www.rurdev.usda.gov/LP_Subject_BusinessAndCooperativeAssistance.html 19
Contact information Tedd Buelow (720) 544-2911 Tedd.Buelow@wdc.usda.gov www.rurdev.usda.gov/AI_ANHome.html 20