Thursday, 15 March 2012
USDA seeking applicants for economic development funding to create rural area jobs
Agriculture Secretary Tom Vilsack announced today that USDA is seeking applications for loans and grants to help rural businesses create jobs and spur economic development. The funding is being provided under the Rural Economic Development Loan and Grant (REDLG) program.
“Boosting access to capital sparks job creation and revitalizes the rural economy,” said Vilsack. “USDA works in partnership with cooperatives and utilities across America, and we intend to utilize this program to leverage federal and private investments to put rural residents to work.”