Strategic Economic and Community Development

Link

https://www.rd.usda.gov/programs-services/strategic-economic-and-community-development

Additional Links

Fact Sheet

Deadline

Applications accepted on an ongoing basis

Sponsoring Organization

USDA Rural Development (USDA RD)

Purpose

Provides financial assistance to strengthen regional economic development plans in rural areas by supporting multi-jurisdictional projects funded through USDA Rural Development programs. Offers assistance designed to help applicants overcome challenges of implementing a multi-jurisdictional project by leveraging federal, state, local, and private resources. Seeks to make a larger impact on the economic well-being, wealth creation, and overall quality of life in rural communities through the implementation of regional development strategies.

Eligible USDA Rural Development programs include:

Amount of Funding

Award amounts are not specified. Each fiscal year, USDA will set aside 10% of the total funds from each participating program to make awards under this provision.

Who Can Apply

Eligible applicants must meet the following criteria:

  • Be eligible for one of the covered USDA Rural Development programs:
    • Community Facilities Direct Loans and Grants
    • Community Facilities Guaranteed Loan Program
    • Water and Waste Disposal Loans and Grants
    • Water and Waste Disposal Loan Guarantees
    • Business and Industry Program Loan Guarantees
    • Rural Business Development Grants
    • Community Connect Grants
  • Be carried out in a rural area
  • Support a multi-jurisdictional, multi-sectoral strategic economic community investment plan

Priority for funding will be based on two factors:

  1. How well a project supports a multi-jurisdictional plan
  2. How well the plan demonstrates evidence of the following criteria:
    • Collaboration among multiple stakeholders
    • Leveraging of applicable regional resources
    • Leveraging monetary and non-monetary investments from government entities and philanthropic organizations
    • Clear objectives with measurable performance metrics and action steps for implementation

Geographic Coverage

Nationwide

What This Program Funds

Capacity Building

Application Process

Eligible applicants must apply through their local USDA Rural Development state office. Applicants seeking funding through a USDA Rural Development loan guarantee program may submit forms under the OneRD Guarantee Loan Initiative application guidelines.

Application instructions, requirements, and other information can be found on the program website. Applicants are encouraged to have their strategic community development plan reviewed by their state office prior to submitting a formal application.

Application instructions
Application form

Contact

For program questions:
Kristen Grifka
Kristen.Grifka@usda.gov

For additional information, contact the appropriate USDA Rural Development state office.

Topics This Program Addresses

Community Planning and Coalition Building • Economic Development