Funding for fire stations, clinics, streets, and more — WSN gets your foot in the door.

WSN helped the City of Isle obtain funding for a new Fire Station.

The USDA Rural Development Community Facilities Direct Loan & Grant Program is designed to provide affordable funding options for a variety of essential community facilities. Here’s what you need to know about the program. 

WHO’S ELIGIBLE:
Public bodies, community-based nonprofit corporations, and federally recognized tribes.

WHAT IT’S FOR:
The Community Facilities Direct Loan & Grant Program provides affordable funding to develop essential community facilities in rural areas. Examples of essential community facilities include:

  • Healthcare Facilities (hospitals/clinics/dental clinics/nursing homes/assisted living facilities)
  • Public Facilities (town halls/courthouses/airport hangars/street improvements)
  • Community Support Services (community centers/fairgrounds/child care)
  • Public Safety (fire halls/police stations/prisons/police, fire, public works vehicles and equipment)
  • Educational Services (museums/libraries/private schools)
  • Utility Services (telemedicine/distance learning)
  • Local Food Systems (community gardens/food pantries/greenhouses/community kitchens)

TYPE OF FUNDING:
Low interest loans, grants, or a combination. Grants may range from 15% to 75% of the project cost, depending upon location and the median household income of the community that will benefit from the project. Loan terms are typically lower than market interest rates for a maximum of 40 years. Interest rates are fixed for the entire term of the loan and there are no pre-payment penalties.

APPLICATION PROCESS AND DEADLINE:
Applications are accepted on a rolling basis throughout the year as long as funding remains available and there are no deadlines.

RESOURCES:
USDA CF website

FUNDING SUCCESS:
Widseth Smith Nolting recently helped the City of Isle receive funding for their new Fire Station through the Community Facilities Direct Loan & Grant Program.

If you have a project that needs funding, contact one of Widseth Smith Nolting’s funding specialists today.

Pat Conroy
Pat.Conroy@wsn.us.com
218-770-5956

Jordan Lee
Jordan.Lee@wsn.us.com
701-765-8001