Rural Development
From Wikipedia, the free encyclopedia
[edit] United States Department of Agriculture (USDA) Rural Development (RD)
On October 13, 1994 The Department of Agriculture was reorganized under the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act. Under that Act, USDA Rural Development was created to administer the former Farmers Home Administration's (FmHA) non-farm financial programs for rural housing, community facilities, water and waste disposal, and rural businesses. The former Rural Electrification Administration's (REA) utility programs were also consolidated within Rural Development.
Today, Rural Development attempts to develop the technological infrastructure that hopes to enable rural America to compete in the 21st century domestically and globally. Rural Development has an $86 billion dollar loan portfolio, and administers nearly $16 billion in program loans, loan guarantees, and grants through their programs.
[edit] Operating units
- Office of Community Development (OCD)
- Rural Housing Service (RHS)
- Rural Utilities Service (RUS)
[edit] External Links
- Rural Development. USDA Rural Development.