USDA Rural Development

---- Improving the quality of life Improving the quality of life

-- Increasing economic opportunity-- Increasing economic opportunity

What we offerWhat we offer• Financing for

– Community facilities– Water and sewer systems– Business development– Renewable Energy– Housing

• Loans, guaranteed loans, grants• Technical assistance• Service offered from offices

throughout the state• Experienced staff

Community ProgramsCommunity ProgramsEnhance economic opportunities and quality of life for rural Texans Funding programs that create or improve telecommunicationscommunity facilities, and water and wastewater systems. In FY 2015- available funds - $69 million Community Facility funds $56 million Water and Waste funds $400 million Electric, Broadband and Telemedicine

• Community Facilities Loans, Grants and Guaranteed Loans • Water and Wastewater Disposal Direct Loans, Grants and Guaranteed Loans • Emergency Community Water Assistance Grants • Distance Learning & Telemedicine Loans & Grants • Broadband & Telecom Loans & Grants

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Community ProgramsCommunity ProgramsFacilities, equipment and related expenses

Health care – hospitals, clinics, nursing homes, group homes

Public buildings – courthouses, city hall, township buildings

Public safety – ambulances, fire trucks, fire stations, sirens

Infrastructure – sidewalks, streets, lighting, accessibility

Public services – libraries, child care, community centers

Communities up to 20,000 people

No maximum loan limits

Guarantees up to 90%

Combined financing options

Community ProgramsCommunity Programs Utilities

• Water, waste and storm sewer systems– Communities with up to 10,000 people– Low interest rates – 40 year term– No loan limit– Extensive technical assistance

Community ProgramsCommunity Programs Utilities

• Electricity– generation, transmission and distribution

• Telecommunication services– 911 service, digital switching, fiber optic, traditional systems

• Broadband• Distance learning• Telemedicine

Create rural job opportunitiesFacilitate the development of rural businessImprove economic developmentIncrease the energy efficiency of rural businesses FY 2015 - available funds $62 million for guarantees $2.9 million for energy efficiency improvements

• Business & Industry Guaranteed Loans • Renewable Energy & Energy Efficiency Loans & Grants • Rural Business Development Grants • Value-Added Producer Grants • Intermediary Relending Program • Rural Economic Development Loans & Grants • Rural Cooperative Development Grants

Business ProgramsBusiness Programs

Young’s Greenhouse benefits directly from the Renewable Energy for America Program.

Business ProgramsBusiness Programs

• Guaranteed Business Loans– Up to $25 million– Up to 80% of the loan– Long term fixed or variable interest rates– Extended repayment terms– Low fees– Secondary market options

We are your business partner

Business ProgramsBusiness ProgramsFinancing for• Non-profits and public bodies - Revolving loan programs - Small business development

• Electric and telephone cooperatives- Rural economic development

• Ag producers and small business- Renewable energy and energy efficiency

• Ag producers and cooperatives-Value-added

- Small minority producers

HousingHousing ProgramsProgramsEnsure rural community members have access to safe,

well built, affordable homes.

Funds can be used to build, renovate or repair a home

Fiscal Year 2014-over $800 million invested in rural Texas

Over 6,700 families became homeowners

• Rural Housing Guaranteed Loans

• Rural Housing Direct Loans

• Housing Repair Loans & Grants

• Multi-Family Housing Guaranteed Loans

• Multi-Family Rental Assistance

• Housing Preservation Grants

Housing ProgramsHousing Programs100% financing for new and existing homes

• Guaranteed Home Loans– Work with local lenders– No monthly mortgage insurance– No maximum purchase price

• Direct Home Loans– Work with Rural Development– Low and very low income limits– Fixed below market interest rates

Not just for first time homebuyers

Housing Programs• Home Repair Loans

– Very low income limits– $20,000 loan limit– 1% interest for 20 years

• Home Repair Grants– $7,500 lifetime limit– At least 62 and unable to repay a 1% loan– Repairs for health, safety and accessibility

Available for owner occupied homes

Rural Development- Committed to the Future of Rural Communities

For more information on Rural Development Programs and local office contacts, visit:

http://www.rd.usda.gov/tx