Our Mission:Our Mission: “Increase economic opportunity and improve the quality

of life in rural America” Our Objective:Our Objective:

Provide affordable financial assistance to small rural communities to:

Enhance business and economic development Improve infrastructure development Create community development Provide housing opportunities to all rural citizens

Rural Business and CooperativesRural Business and Cooperatives Economic development and technical support assistance

HousingHousing Single and Multi-family housing opportunities

Community ProgramsCommunity Programs Healthcare, public safety, public services, water,

wastewater, solid waste disposal, storm water drainage, electric, telephone services, distance learning, and telemedicine

Health careHealth care Clinics, hospitals, ambulatory care centers Assisted living and nursing home facilities

TelecommunicationsTelecommunications Medical or educational telecommunication links

Public SafetyPublic Safety Communication centers Police, fire, or rescue stations, vehicles and jails

Public ServicesPublic Services Adult and child daycare, shelters, and community centers Public transportation Schools, libraries, and municipal buildings

Acquire landAcquire land Construct, enlarge, or rehabilitate facilitiesConstruct, enlarge, or rehabilitate facilities Purchase equipmentPurchase equipment Pay professional feesPay professional fees

Legal Architectural Engineering Environmental

The ApplicantThe ApplicantPublic entitiesNon-profitFaith Based Organizations Indian Tribes

Rural Service AreasRural Service AreasPopulations up to but no greater than 20,000

Income

The Applicant

Population

WaterWater WastewaterWastewater Solid Waste DisposalSolid Waste Disposal Storm Water DrainageStorm Water Drainage Technical AssistanceTechnical Assistance

New constructionNew construction ExpansionExpansion ImprovementsImprovements

Transmission or distribution systems Adequate supply Treatment and storage facilities

Pay Professional FeesPay Professional Fees Legal Engineering Environmental

The ApplicantThe ApplicantPublic entitiesNon-profitIndian Tribes

Rural Service AreasRural Service AreasPopulations up to but no greater than 10,000

Income

The Applicant

Population

Direct LoansDirect Loans Interest rates vary based on the current market yields and Median Household

Income (MHI) of community served Maximum term for all loans is 40 years

Guaranteed LoansGuaranteed Loans Terms and interest rates are negotiated between the lender and applicant Loan may be guaranteed up to 90% with 1% guarantee fee

GrantsGrants Available for up to 75% of project costs Population, MHI, and Virginia’s allocation of funds determines the percent of

grant funds Technical Assistance GrantsTechnical Assistance Grants

Assist in identifying and evaluating solutions to water and waste disposal problems.

Reduce or eliminate pollution of water resources Improve planning and management of solid waste sites

Provide financial assistance to meet the educational Provide financial assistance to meet the educational and health care needs of rural America through the and health care needs of rural America through the use of advanced telecommunications technologies.use of advanced telecommunications technologies. Eligibility Criteria

State or local units of government Profit or non-profit organizations and private corporations Indian Tribes Consortiums

GrantsGrants Assistance available for 100% of project costs Grants are competitive, must meet specific criteria, and

matching requirements LoansLoans

Assistance available for 100% noncompetitive financing, with a $50,000 minimum

Include funding for project operating cost and educational broadcasting for distance learning during the first two years

Combination Loan and GrantCombination Loan and Grant Noncompetitive, accepted year round, no matching

requirements, a minimum of $50,000 Maximum loan term under DLT program is 10 years

What options are best for the community?What options are best for the community?The “Big Picture” approach to funding

Various resources and partnerships to consider

Virginia State Funding Agencies

Other Federal Funding Agencies

Private Banks

Philanthropic Organizations

Community Facilities or Rural Utilities ProgramsCommunity Facilities or Rural Utilities Programs Applications are accepted year round (October 1st – September 30th) Submit applications to designated Rural Development Area Office For program information, regulations, and forms visit our website:

www.rurdev.usda.gov Distance Learning and Telemedicine ProgramDistance Learning and Telemedicine Program

For application assistance, contact Virginia/North Carolina General Field Representative, Patrick Carey

Email: patrick.carey@usda.gov Phone: (704) 896-8402

Applications are submitted to the Telecommunication Program in Washington D.C.

For program information, regulations, applications guides, and funding announcements, visit our website:

http://www.usda.gov/rus/telecom/dlt/dlt.htm

Contact Information:Contact Information: Area DirectorArea Director:: Sally Hamer AddressAddress:: 383 Highland Drive, Suite 5

Lebanon, Virginia 24266-4632 Phone NumberPhone Number:: (276) 889-4650 Fax NumberFax Number:: (276) 889-2105

Serving Counties/Cities:Serving Counties/Cities: Buchanan, Dickenson, Russell, Tazewell, Lee, Wise, Norton,

Scott, Bland, Bristol, Carroll, Galax, Grayson, Smyth, Washington, and Wythe.

Contact InformationContact Information:: Area DirectorArea Director:: Travis Jackson AddressAddress:: P.O. Box 4337, 20311-A Timberlake Road

Lynchburg, Virginia 24502-0337 Phone NumberPhone Number:: (434) 239-3473 Fax NumberFax Number:: (434) 239-3735

Serving Counties/CitiesServing Counties/Cities:: Amherst, Appomattox, Bedford, Campbell, Charlotte, Danville,

Pittsylvania, Alleghany, Botetourt, Covington, Craig, Floyd, Giles, Montgomery, Pulaski, Radford, Roanoke, Salem, Franklin, Henry, Martinsville, Patrick, Lexington, Buena Vista, Rockbridge, Halifax, Lynchburg, and Bath.

Contact InformationContact Information:: Area DirectorArea Director:: Elizabeth Walker AddressAddress:: 1934 Deyerle Avenue, Suite D

Harrisonburg, Virginia 22801-3484 Phone NumberPhone Number:: (540) 433-9126 Fax NumberFax Number:: (540) 432-1707

Serving Counties/Cities:Serving Counties/Cities: Albemarle, Fluvanna, Goochland, Greene, Louisa, Nelson, Culpeper,

Fauquier, Orange, Madison, Rappahannock, Arlington, Caroline, Fairfax, Falls Church, Fredericksburg, Hanover, King George, Loudoun, Manassas, Prince William, Spotsylvania, Stafford, Clarke, Frederick, Page, Shenandoah, Warren, Winchester, Augusta, Harrisonburg, Highland, Rockingham, Staunton, and Waynesboro.

Contact Information:Contact Information: Area DirectorArea Director:: Steve Bigelow AddressAddress:: 22329 Main Street, Southampton Office Bldg. 2

Courtland, Virginia 23837-1026 Phone NumberPhone Number:: (757) 653-2532 Fax NumberFax Number:: (757) 653-2278

Serving Counties/Cities:Serving Counties/Cities: Accomack, Northampton, Brunswick, Mecklenburg, Charles City,

Chesterfield, Colonial Heights, Dinwiddie, Henrico, Hopewell, James City, New Kent, Petersburg, Prince George, York, Williamsburg, Amelia, Buckingham, Cumberland, Lunenburg, Nottoway, Powhatan, Prince Edward, Emporia, Franklin, Greensville, Isle of Wight, Poquoson, Southampton, Surry, Sussex, Essex, Gloucester, King & Queen, King William, Lancaster, Mathews, Middlesex, Northumberland, Richmond, Suffolk, Virginia Beach, Newport News, Chesapeake, Hampton, and Westmoreland.