Meat and Poultry Intermediary Lending Program

The summary for the Meat and Poultry Intermediary Lending Program 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. Verify the accuracy of the data provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Rural Business Cooperative Service, which is the U.S. government agency offering this grant.
Meat and Poultry Intermediary Lending Program: Meat and Poultry Processing Intermediary Lending Program (MPILP) grants are available to qualified applicants (intermediary lenders) to facilitate financing for the start-up, expansion, and operation of entities engaged in primary processing (slaughter) or further processing of meat and poultry, to strengthen the financing capacity for independent processors, and to help create a more resilient, diverse, and secure U.S. food supply chain. The MPILP will also help strengthen the capacity of lenders that are financing or plan to finance meat or poultry processors. Eligible processing facilities include USDA inspected facilities that process amenable species under a Federal Grant of Inspection, facilities that process nonamenable species eligible for voluntary USDA inspection, state or tribal inspected facilities that adhere to USDA regulations, and custom exempt facilities that adhere to USDA regulations. As reflected in the public comments to AMS–TM–21–0058, Investments and Opportunities for Meat and Poultry Processing Infrastructure, 86 FR 37728 (July 16, 2021), access to capital through loans was identified as a need for small and mid-sized meat and poultry processors. This program will expand access to financing for meat and poultry processing in the near term and will build financing capacity longer term. This program will facilitate access to affordable capital to address the ongoing need for meat and poultry processing enterprises in America's rural and urban communities, as there are no geographic restrictions. All applicable program requirements in their entirety can be found in this notice.
Federal Grant Title: Meat and Poultry Intermediary Lending Program
Federal Agency Name: Rural Business Cooperative Service (USDA-RBCS)
Grant Categories: Agriculture
Type of Opportunity: Discretionary
Funding Opportunity Number: RD-RBS-22-01-MPILP
Type of Funding: Grant
CFDA Numbers: 10.382
CFDA Descriptions: Information not provided
Current Application Deadline: January 3rd, 2023
Original Application Deadline: January 3rd, 2023
Posted Date: May 27th, 2022
Creation Date: May 27th, 2022
Archive Date: January 31st, 2023
Total Program Funding: $125,000,000
Maximum Federal Grant Award: $15,000,000
Minimum Federal Grant Award: $500,000
Expected Number of Awards: 10
Cost Sharing or Matching: No
Last Updated: December 30th, 2022
Applicants Eligible for this Grant
Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education
Additional Information on Eligibility
The intermediary must be domiciled in a State and be one of the following types of entities: (1) A private nonprofit corporation; (2) A public agency; (3) An Indian Tribe or Tribal Entity; or (4) A cooperative.
Link to Full Grant Announcement
MPILP Program Web Site
Grant Announcement Contact
Kevin Boone
Program Manager
MPILP Questions
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