Rural Community Development Initiative

by: Iola Bonggay

The United States Office of Rural Development is an agency that is operating within the United States Department of Agriculture.

The Office of Rural Development is the government's main agency that is primarily responsible for developing programs and approaches that are designed to aid in the improvement of the country's economy and the people's quality of life in rural areas.

For the past couple of years, the Office of Rural Development has been running the Rural Community Development Initiative project wherein they aim to establish the capacity and ability of private, nonprofit community-based housing and community development groups and organizations, as well as low-income rural communities to enhance their housing, community facilities, and also their economic and community developments projects in certain rural areas.

The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

The activities that are included in the project can include:

a) Providing training to intended grant beneficiaries regarding conducting programs on home-ownership education.

b) Providing training to intended grant beneficiaries regarding programs for minority business entrepreneurs.

c) Providing training and technical assistance to intended grant beneficiaries on how to effective prepare strategic plans.

  (continued...)

Rural Community Development Initiative
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.

---

First Time Homebuyer Programs in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

---

California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.

---

Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency has been administering the Keystone Home Loan Programs For First Time Homebuyers within the State of Pennsylvania.

---