The Funding Sources Inventory tool allows you to search a database of funding sources created for this guide to determine which may be relevant to consider for your development. Use the filters at the top of the page to narrow down the list of possible sources based on the characteristics of your development. The funding sources shown in the list at the bottom will be those that match at least one of the criteria from each of the filter categories you have selected (in other words, the filters use OR logic within each filter category and AND logic across filter categories). Review the remaining list to learn more about each program. You can click the “Details” button to display detailed information about each funding source.

Eligible RecipientsInclude funding that can be used by:

Funding TypeInclude the following type(s) of funding:

Affordability RequirementsShow funding that may have affordability requirements?

Geographic LimitationsInclude funding designated for:

Funding Sources Inventory

Displaying 1 - 2 of 2
Start Over
RCAC
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC financing helps developers build single and multifamily affordable housing units for low-income families.
Details
Eligible home types:
Multifamily and single-family, including manufactured home parks
Eligible recipients:
Nonprofit developers, local government agencies, and tribal governments
Eligible uses:
Acquisition Pre-development Site development Construction Green building
Affordability requirements:
Housing must serve very-low or low-income households (mixed income projects are eligible, but RCAC financing is limited to the low-income portion of the project)
Geography funding is available to :
Rural areas with populations of 50,000 or less in 11 western states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. 
Maximum financial assistance per project:
Varies by project ($3 million for acquisition or construction)
Additional notes or requirements: Applications are accepted year-round, and you can apply through your local USDA RD office. A list of USDA RD offices are available at this link: tinyurl.com/RDStateOffices.
Links to more information:
Rural Housing Site Loans (aka Section 523 Mutual Self-Help Housing Program and Section 524 loans)
Rural Housing site loans provide two types of loans to purchase and develop housing sites for low- and moderate-income families. Section 523 loans are used to acquire and develop sites only for housing constructed via the Self-Help method (where households construct the homes themselves, with technical assistance from the grantee), while Section 524 loans are not restricted to a specific construction method.
Details
Eligible home types:
Single-family homes
Eligible recipients:
Private or public non-profit organizations; federally recognized tribes
Eligible uses:
Administrative activities (salaries, office space, program costs related to supervising households as they build their homes) Purchase and development of housing sites for low and moderate-income households Supportive infrastructure for housing sites (e.g. street, walkway, or utilities investments)
Affordability requirements:
Housing sites must serve low and moderate-income families (low-income is defined as between 50-80% of the area median income; the upper limit for moderate income is 115% of area median income)
Geography funding is available to :
Rural areas nationwide. Determine eligibility of your site here: https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1
Maximum financial assistance per project:
Varies by location.
Additional notes or requirements: Applications are accepted year-round, and you can apply through your local USDA RD office. A list of USDA RD offices is available at this link: tinyurl.com/RDStateOffices.
Links to more information:
Displaying 1 - 1 of 1
Start Over
RCAC
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC financing helps developers build single and multifamily affordable housing units for low-income families.
Details
Eligible home types:
Multifamily and single-family, including manufactured home parks
Eligible recipients:
Nonprofit developers, local government agencies, and tribal governments
Eligible uses:
Acquisition Pre-development Site development Construction Green building
Affordability requirements:
Housing must serve very-low or low-income households (mixed income projects are eligible, but RCAC financing is limited to the low-income portion of the project)
Geography funding is available to :
Rural areas with populations of 50,000 or less in 11 western states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. 
Maximum financial assistance per project:
Varies by project ($3 million for acquisition or construction)
Additional notes or requirements: Applications are accepted year-round, and you can apply through your local USDA RD office. A list of USDA RD offices are available at this link: tinyurl.com/RDStateOffices.
Links to more information:
Back to top