Intermediary Relending Program Grants

What is the aim Intermediary Relending Program Grants?

To finance business facilities and community development.

Who are eligible to apply for Intermediary Relending Program Grants?

Eligible intermediaries may include: Private nonprofit organizations, State or local governments, and Federally recognized Indian tribes and cooperatives.Ultimate recipients may include: For profit organizations, individuals, public and private nonprofit organizations.

Intermediaries must have adequate legal authority and a proven record of successfully assisting rural businesses and industries. Ultimate recipients must not be located within a city with a population of 25,000 or more. Both intermediaries and ultimate recipients must be unable to obtain the loan at reasonable rates and terms through commercial credit or other Federal, State, or local programs.

How to Apply for Intermediary Relending Program Grants?

The application of each intermediary will be evaluated by the RD State Office. Applications received by RBS will be reviewed and ranked quarterly and funded in the order of priority ranking.

Where to send applications for Intermediary Relending Program Grants?

Regional or Local Office. See Regional Agency Offices. RBS State Office listed in Appendix IV of the Catalog.

For more information on Intermediary Relending Program Grants, contact:

Headquarters Office
Rural Business-Cooperative Service, 1400 Independence Ave SW, Room 6867, Stop 3225, South Agriculture Building, Washington, District of Columbia 20250-3225
Phone: (202) 720-1400.
Web Site Address: http://www.rurdev.usda.gov

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