The USDA is making close to $6 million available to qualifying organizations under the Rural Community Development Initiative (“RCDI”). Under this program grants will be provided to organizations for critical financial and technical assistance to assist in developing the capacity to carry out numerous community and economic development projects.
To qualify under the RCDI program recipients must be non-profit organizations, low-income rural communities, or federally recognized tribes. Additionally, intermediary organizations are required to provide matching funds at least equal to the RCDI grant. Also, it is important to note that the grants will not go directly to business recipients, instead the grants will be distributed through the qualified intermediaries.
November 12, 2014 is the deadline for the submission of an RCDI application. This application needs to be submitted to the USDA Rural Development state office where the applicant’s headquarters are located. For additional information about the program, including details on how to apply, please see page 47427 of the August 13, 2014 Federal Register.Photo Copyright: snehit / 123RF Stock Photo