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United States Department of Agriculture Rural Development White House Initiative on Historically Black Colleges & Universities January 21, 2016.

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Presentation on theme: "United States Department of Agriculture Rural Development White House Initiative on Historically Black Colleges & Universities January 21, 2016."— Presentation transcript:

1 United States Department of Agriculture Rural Development White House Initiative on Historically Black Colleges & Universities January 21, 2016

2 Rural Development’s Mission 2 To assist rural communities in creating prosperity so they are self-sustaining and economically thriving through investments that create ladders of opportunity, build regional resilience and support the growth of emerging markets.

3 RD’s 2016 Funding Levels PROGRAMDollars in Millions Total all RD$40,000 – Yes $40 Billion Total Rural Housing & Community Facilities$29,000 Total Rural Business and Cooperatives $1,449 Total Rural Utilities $8,795 Programs of Interest - Specific Levels RHS – Community Facilities Programs $2,387 RBS –Business & Industry $946 RBS – Renewable Energy Programs $199 RUS – Distance Learning & Telemedicine & Broadband Programs $52 RUS – Water & Environmental Programs $1,740 RUS – Telecommunications Programs $691 3

4 Rural Development Program Areas 4 Program Areas Rural Utilities Service Rural Business & Cooperative Service Rural Housing & Community Facilities Electric Program Water & Environmental Programs Telecommunications and Broadband Programs Homeownership Loans Home Repair Loans & Grants Mutual Self-Help TA Grants Multi-Family Housing Loans Housing Preservation Grants Community Facilities Loans & Grants Business and Industry Guaranteed Loans Rural Business Enterprise Grants Rural Business Opportunity Grants Intermediary Relending Program Rural Energy for America Program Value Added Producer Grants Cooperative Development Assistance

5 Better Assist High Need Communities  StrikeForce  Promise Zones  Stronger Economies Together  CEDs

6 It takes a partnership of willing community leaders, residents, bankers, visionaries AND USDA Rural Development to revitalize our rural communities. The possibilities are endless. Gary.Bojes@wdc.usda.gov 6


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