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HomeMy WebLinkAbout09-14-23 Correspondence - US Dept of Agriculture - USDA Seeks Applications to Spur Rural Job Growth and Economic DevelopmentFrom:USDA Rural Development MontanaTo:AgendaSubject:[EXTERNAL]USDA Seeks Applications to Spur Rural Job Growth and Economic DevelopmentDate:Thursday, September 14, 2023 9:54:49 AM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. US Department of Agriculture Rural Development - Together America Prospers STAKEHOLDER ANNOUNCEMENT USDA Seeks Applications to Spur Rural Job Growth andEconomic Development WASHINGTON, Sept. 14, 2023 – The United States Department of Agriculture (USDA) today announced that the Department is accepting applications for funding to help create jobs and promote economic growth in rural communities. USDA is making loans and grants available under the Rural Economic Development Loan and Grant (REDLG) programs for fiscal year (FY) 2024. Through these programs, USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses for projects that will create and retain employment in rural areas. Through the REDLG programs, USDA also provides grants to local utility organizations, which use the funding to establish revolving loan funds to finance community facilities. Specifically, applicants may use funds to support business startup, business expansion and business incubators; technical assistance and feasibility studies; essential community facilities; and advanced telecommunications services and computer networks for medical, educational and job training opportunities. USDA is particularly interested in applications that will advance Biden-Harris Administration priorities to: Reduce climate pollution and increase resilience to the impacts of climate change through economic support to rural communities. Ensure all rural residents have equitable access to Rural Development (RD) programs and benefits from RD-funded projects; and Help rural communities recover economically through more and better market opportunities and through improved infrastructure. This notice is issued prior to the passage of a FY 2024 Consolidated Appropriations Act. This early notice will allow applicants sufficient time to leverage financing, prepare and submit their applications, and give the agency time to process applications within FY 2024. Interested applicants are encouraged to contact Lad Barney, USDA Rural Development in Montana Business Programs Director, at lad.barney@usda.gov in advance of the application deadline to ask questions about their project, the program, or the application process. Montana applications must be submitted to lad.barney@usda.gov no later than 4:30 p.m. Mountain Time on the following dates: First Quarter: Sept. 30, 2023 Second Quarter: Dec. 31, 2023 Third Quarter: March 31, 2024 Fourth Quarter: June 30, 2024 Additional information is available on page 63057 of the Sept. 14, 2023, Federal Register. To subscribe to USDA Rural Development updates, visit GovDelivery subscriber page. USDA is an equal opportunity provider, employer, and lender Questions? Contact Us 2229 Boot Hill Court Bozeman, MT 59715 Phone: (406) 585-2580 STAY CONNECTED: SUBSCRIBER SERVICES: Manage Preferences | Help USDA is an equal opportunity provider, employer, and lender. This electronic message contains information generated by the USDA solely for the intended recipients. Any unauthorized interception of this message or the use or disclosure of the information it contains may violate the law and subject the violator to civil or criminal penalties. If you believe you have received this message in error, please notify the sender and delete the email immediately. This email was sent to agenda@bozeman.net by USDA Rural Development · 1400 Independence Ave SW ·Washington DC 20250 · 800-670-6553