USDA Rural Development

USDA Rural Development

USDA Rural Development USDA RD 40+ Programs --Loans, Grants, Loan Guarantees, Subsidies, and Combinations. Year Around Application Periods for Most Programs.

Building Communities from the Ground Up

Overview Community Programs Business Programs Housing Programs Rural Utilities Service Initiatives

Community Programs 14 Programs Community Programs improve essential community services and/or facilities Public Service Public Safety Health Care Eligible Areas Rural areas with a population of less than 20,000

Community Facility Program Community Facilities Eligible Projects Dental Clinic Outpatient Clinic Library Museum Outdoor Theatre Public School Street Improvement Animal Shelter Hospital Police Station Mobile Communications Center Youth Shelter Food Storage & Distribution Bridge Airport Improvements Railroad Facility Public Parking Mental Health Facility

Community Facilities Project Pecos Valley Medical Center

Community Facilities Project Embudo Public Library

Community Facilities Arroyo Seco Community Center

Community Facilities Roy Ambulance Ledoux Fire Station Opening Ledoux Fire Station

Community Facilities Angel Fire Fire Station

Community Facilities Bayard Library

Community Facilities Chacon Fire Truck

Community Facilities Roy Ambulance

Community Facilities Construction of Guadalupe Hospital

Water & Environmental Programs Water & Environmental Program develops and upgrades rural water distribution and wastewater facilities Eligible Area Rural communities with a population of less than 10,000 Cimarron NM Water System

Water & Environmental Programs Canon Mutual Domestic Water System

Water and Wastewater Tucumcari Wastewater plant. Rural Development assisted with the upgrade and modernization of the facility.

Water and Wastewater Mariano Lake Water System on Navajo Reservation

Business Programs 17 Programs Rural Economic Development Loan & Grant Program Business & Industry Guaranteed Loan Program Rural Business Enterprise Grants Rural Business Opportunity Grants Rural Energy for America Program Value Added Producer Grant

Rural Economic Development Loan & Grant (REDLG) Program REDLG Program Overview Electric and telephone rural utility cooperatives are eligible to apply for REDLG The loan/grant funds are then passed through to the ultimate recipients, which can be any legal entity, including individuals, public bodies, and federally recognized Indian Tribes Project eligible in rural area with population of 50,000

Rural Economic Development Loan & Grant (REDLG) Program Local business partnered with Electric Coop for a REDLG Loan Received an interest-free loan to create a climate controlled facility

Business & Industry Guaranteed Loan Program Commercial loan guarantees are available for up to 80 percent of the loan amount and can be used for Business and industrial acquisitions to help keep the business from closing Business conversion, enlargement, repair, modernization or development Purchase and develop land, easements, right-of-way Purchase equipment, supplies, inventory

Business & Industry Guaranteed Loan Program Source of healthy food needed foralamo Band of Navajo Utilized the USDA RD B&I program for Convenience store/local foods

Business & Industry Guaranteed Loan Program Source of healthy food needed foralamo Band of Navajo Utilized the USDA RD B&I program for Convenience store/local foods

Read & Stevens Oil Rig Energy Exploration Roswell, NM

Burger King Restaurant Shiprock, NM

Business & Industry Guaranteed Loan Program Moriarty Best Western Utilized the USDA RD B&I program for Moriarty Best Western.

Business & Industry Guaranteed Loan Programhttp://www.rurdev.usda.gov/BCP_BI_LEAP.html

Rural Business Enterprise Grants Rural Business Enterprise Grants are for financing and developing small and emerging private businesses Funds can be used for technical assistance, revolving loan program, incubator/industrial buildings, equipment, and industrial park improvements Eligible entities include: non-profit associations, Indian Tribes, and public bodies

Rural Business Enterprise Grants Santo Domingo Pueblo received RBEG funds to buy equipment for processing blue corn.

Rural Business Enterprise Grants Siete Del Norte received RBEG funds to buy building that is made available to small business owners.

Rural Business Enterprise Grants Town of Estancia received RBEG funds to buy commercial kitchen equipment that is made available to small business owners.

Rural Energy for America Program Purchase Renewable Energy or make Energy Efficiency Improvements Post-application purchase and installation of equipment; (except agricultural tillage equipment & vehicles) Post-application construction or project improvements; (except residential) Energy audits or assessments; Feasibility Studies

Energy Efficiency Examples Lighting HVAC Systems Water Heating Refrigeration Irrigation Fans and Blowers Compressors Pumps

Energy Efficiency Examples Lighting HVAC Systems Water Heating Refrigeration Replaced lighting for Compass Components-- Deming

Energy Efficiency Examples Mt Taylor Machining

Renewable Energy Examples Lighting HVAC Systems Water Heating Refrigeration Taos NM Photovoltaic Installation-PPC Solar

Renewable Energy Examples Lighting HVAC Systems Water Heating Refrigeration Bar VK Ranch Solar Array Grant County

Renewable Energy Examples Belen NM Photovoltaic Carport-Pete s Cafe

Value Added Producer Grant

Value Added Producer Grant http://www.rurdev.usda.gov/bcp_vapg.html

Housing Program 10 Programs Home Repair Loans Direct Home Loans Guaranteed Rural Housing-loan is held by bank and guaranteed by USDA Multifamily Housing-Rental Assistance

Multifamily Housing Desert Sun Apartment Complex - Deming

Home Repair Program Low income individuals can receive low-interest loans to repair their homes Funds can be used for making repairs, removing health and safety hazards, and installing essential features

Home Repair Program Eligible Home Repair Projects Can Include: Wells or hook-ups to rural water Septic, plumbing, heating, and electrical systems Insulation, energy efficient windows and doors Improvements to bathrooms, doorways and kitchens to make them handicap accessible

Home Repair Program Making homes more handicap-accessible

Home Repair Program Removing hazards

Guaranteed Home Loans 100% financing 30-year mortgage Flexible qualifying standards Not restricted to first time homebuyers Moderate Income households USDA Approved Lenders

Direct Home Loans 100% financing 33-year mortgage Flexible qualifying standards Not restricted to first time homebuyers Low and Very Low household incomes Payment subsidy available

Direct Home Loans 502 Home Loan Recipients

Website: Notice of Funding Availability http://www.rurdev.usda.gov/rd_nofas.html

Website: Regulations http://www.rurdev.usda.gov/regulationsandguidance.html

Rural Development New Mexico Evert Oldham Bob Koenen Area Director Area Specialist Aztec, NM Los Lunas, NM 505-334-3090 Ext 111 505-865-4643 Ext 116 evert.oldham@nm.usda.gov bob.koenen@nm.usda.gov