Maximum Dollar Amount on Awards Under the Rural Economic Development Loan and Grant Program for Fiscal Year 2005
The summary for the Maximum Dollar Amount on Awards Under the Rural Economic Development Loan and Grant Program for Fiscal Year 2005 grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
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If any section is incomplete, please visit the website for the Business and Cooperative Programs, which is the U.S. government agency offering this grant.
Maximum Dollar Amount on Awards Under the Rural Economic Development Loan and Grant Program for Fiscal Year 2005: The Rural Business-Cooperative Service hereby announces the maximum dollar amount on loan and grant awards under the Rural Economic Development Loan and Grant (REDLG) program for fiscal year (FY) 2005. The maximum dollar award on zero-interest loans for FY 2005 is $740,000. The maximum dollar award on grants for FY 2005 is $300,000. The maximum loan and grant awards stated in this notice are effective for loans and grants made during fiscal year beginning October 1, 2004, and ending September 30, 2005. REDLG loans and grants are available to Rural Utilities Service electric and telephone utilities to assist in developing rural areas from an economic standpoint.
| Federal Grant Title: | Maximum Dollar Amount on Awards Under the Rural Economic Development Loan and Grant Program for Fiscal Year 2005 |
| Federal Agency Name: | Business and Cooperative Programs |
| Grant Categories: | Business and Commerce Community Development Education Employment Labor and Training Other |
| Type of Opportunity: | Discretionary |
| Funding Opportunity Number: | RDRB-05-04REDLG |
| Type of Funding: | Grant Other |
| CFDA Numbers: | 10.854 |
| CFDA Descriptions: | Rural Economic Development Loans and Grants |
| Current Application Deadline: | No deadline provided |
| Original Application Deadline: | Applications will be accepted by Rural Development |
| Posted Date: | Mar 31, 2005 |
| Creation Date: | Mar 31, 2005 |
| Archive Date: | No date given |
| Total Program Funding: | $35,000,000 |
| Maximum Federal Grant Award: | $740,000 |
| Minimum Federal Grant Award: | $200,000 |
| Expected Number of Awards: | |
| Cost Sharing or Matching: | Yes |
- Category Explanation
- Community infrastructure/facilities and services necessary for economic development and job creation purposes; medical facilities and equipment to provide training and job enhancement skills to rural residents to facilitate economic development; and
- Applicants Eligible for this Grant
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
- Additional Information on Eligibility
- Any entity that has outstanding RUS and/or Rural Telephone Bank (RTB) loan(s) or loan guarantee(s) for an electric or telephone purpose under the provisions of the REA Act. This also includes any entity with a previous lending history with RUS and/or RTB that entered into a prepayment agreement to satisfy its outstanding obligations.
- Link to Full Grant Announcement
- Information not provided
- Grant Announcement Contact
- Nicholas, Kenya, Loan Specialist, Phone 202-720-1970, Fax 202-720-2213, Email [email protected] [email protected] Nicholas, Kenya
- Similar Government Grants
- • Rural Economic Development Loan and Grant
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- • Rural Cooperative Development Grant
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