USDA Rural Development

Source: Wikipedia, the free encyclopedia.
Rural Development
Government of the United States
HeadquartersWashington, D.C., United States
Motto"Together, America Prospers"
Employees4,500
Agency executives
Parent departmentUnited States Department of Agriculture (USDA)
Child agency
Websitehttp://www.rd.usda.gov/

USDA Rural Development (RD) is a mission area within the

rural parts of the United States.[2]

Rural Development has a loan portfolio over $224.5 billion, and administers nearly $16 billion in program loans, loan guarantees, and grants through their programs. Rural Development promotes economic development by supporting loans to businesses through banks, credit unions and community-managed lending pools. It offers technical assistance and information to help agricultural producers and cooperatives get started and improve the effectiveness of their operations. Rural Development also provides technical assistance to help communities undertake community empowerment programs and helps rural residents buy or rent safe, affordable housing and make health and safety repairs to their homes.[3]

History

The Rural Development Administration (RDA) was a USDA agency established by the

1990 farm bill (P.L. 101-624, Sec. 2302), amending the Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer FmHA
community and business programs and other USDA rural development programs. After a brief period named "Rural Economic and Community Development" (P.L. 103-354 Subtitle C), RDA was superseded by the Office of Rural Development following the 1994 reorganization of USDA authorized by P.L. 103-354.

On October 13, 1994, the Department of Agriculture was reorganized under the

Rural Electrification Administration
's (REA) utility programs were also consolidated within Rural Development.

Operating units

References

  1. ^ "U.S. Department of Agriculture Announces Key Staff Appointments".
  2. ^ "About RD". Rural Development. December 7, 2014. Retrieved January 28, 2022.
  3. ^ Dispatch, Brainerd (January 5, 2022). "USDA funding available to help low-income individuals and families buy or repair homes". Brainerd Dispatch. Retrieved January 28, 2022.