The USDA’s Rural Development Agency oversees a wide range of programs to provide loans, loan guarantees, and grants to update rural infrastructure and to help people thrive in those areas. Without a critical mass of people living in rural areas, certain portions of the food supply chain would lack the labor and expertise to operate at sufficient capacity.
The USDA Rural Development Agency provides more than fifty assistance programs. The Department of Agriculture estimates that those Rural Development programs will administer $38 billion dollars’ worth of financing to communities in the 2017 fiscal year, in the form of loans, loan guarantees, and grants. In total, the USDA Rural Development Agency currently maintains a portfolio of loans worth $216 billion.
Those are big numbers, but they boil down to individual stories of people who have gotten the help they need to live the rural lifestyle they envision, in communities that contribute mightily to America’s food supply. If you think you might fit that description, you should look into how Rural Development loans might help you.