USDA Rural Development: Community Facilities Guaranteed Loan Program

Summary

This Community Developments Fact Sheet summarizes certain aspects of the U.S. Department of Agriculture (USDA) Rural Development's Community Facilities Guaranteed Loan program for banks. This fact sheet explains how loans made under the program may be used to support a bank's community development strategies. Eligible lenders may apply for a loan guarantee on loans made to qualified borrowers that improve essential community facilities in qualified rural areas.