Dr. Glenda Humiston State Director, California RD BUILDING RURAL PROSPERITY FROM REGIONAL COLLABORATION.

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Presentation transcript:

Dr. Glenda Humiston State Director, California RD BUILDING RURAL PROSPERITY FROM REGIONAL COLLABORATION

A Broad Array of Support Funding for –Business & Cooperative Development –Community Facilities –Water & Sewer Systems –Single and Multi-Family Housing Loans, Guaranteed Loans, Grants Technical Assistance Staff Support for Applicants

Rural Business Enterprise Grants Value Added Producer Grants Rural Business Opportunity Grants Cooperatives Business & Industry Loans Intermediary Relending Rural Microentrepreneur Assistance Program Rural Energy Assistance Program Business & Cooperative Programs TOTAL: $182,869,363 #1 in Nation

FY 2010 GrantLoanGuarantee Loan Total Regular 1,937,38735,996,6901,170,10039,104,177 ARRA 4,306,37023,285,46027,591,830 Total 6,243,75759,282,1501,170,100 $66,696,007 Community Facilities First Responders, Libraries, Schools, Public Buildings, Healthcare, Food Banks, Community Kitchens, etc.

Rural Utilities Service Water Systems Wastewater Solid Waste Storm Drainage FY 2010 GrantLoanTotal Regular 20,243,55738,772,00059,015,557 ARRA 12,047,500105,052,000117,099,500 Total 32,291,057143,824,000 $176,115,057 #2 in Nation Telecommunications Distance Learning Telemedicine Broadband & Electric

Multi-Family Housing MFH 515:8 loans – $6.7 million – 128 Units 1 Grant – $1,143,000 MFH 538: 36 loans – $55.4 million – 2,226 Units #1 Nationally5 Elderly, 39 Family Complexes Farm Labor:7 Loans – $16.8 million – 161 Units 2 Grants – $ 2.4 million – 832 Units Repaired Housing 12 Grants – $715,168 Preservation: 16 Loans – $33.3 million – 124 Units Rental Assistance: $68.8 million

Single Family Housing Direct Loans: 1 st in Nation 760 loans – $120.6 million Guaranteed Loans: 6 th in Nation 3,562 loans – $588 million Self-Help Housing: 1 st in Nation 223 loans – $35.1 million Delinquency Rate: 8.7% National Average: 18.1% Only State in Nation Under 10%

California Rural Development $ 1,324,415,527