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Category: Rural Development

Working with the Private Sector, Guaranteeing Affordable Housing Opportunities in Rural America

People at Pine Glade Apartments

In 2015, the Pine Glade apartments for elderly and disabled people received USDA funding to modernize 32 affordable apartments in Greensboro, North Carolina.

Groceries, childcare, education, transportation, insurance, utilities: these are just some of the essential places families nationwide spend their paychecks every month. Making ends meet takes hard work, but sometimes even after working long hours and shopping right families need help to make it.

Twenty years ago essential affordable housing opportunities were scarce in rural America. Banks weren’t investing in these opportunities because deals that would build affordable rentals required long-term, patient capital that turned profit much slower than those big, new, luxury apartments in cities and larger towns. Read more »

Learning Through Listening: Convening with the Navajo Nation

Rural Business-Cooperative Service Administrator Sam Rikkers, Utah State Director Dave Conine and New Mexico State Director Terry Brunner

(From right) Rural Business-Cooperative Service Administrator Sam Rikkers, Utah State Director Dave Conine and New Mexico State Director Terry Brunner discuss economic development with members of Navajo Nation.

“We do not inherit the land from our ancestors, we borrow it from our children.”—Navajo proverb

Last month, Rural Development and the Navajo Nation convened an economic development workshop involving an array of leaders and stakeholders from across the Navajo Nation and 14 Federal partners in Crownpoint, N.M. The convening gave me a chance to meet with Navajo Nation officials, university representatives, private business owners and nonprofit administrators.  All were focused on improving the economy and quality of life throughout the Navajo Nation. Read more »

Taking Charge: How Rural Residents Are Switching from Employees to Business Owners

A hardware store in Maine

This hardware store in Maine recently transitioned from private ownership to a worker-owned co-op, with the full support of the long-time business owners. To help in cases where the retiring owners may need some additional incentives to sell to workers, USDA’s B&I program now has added flexibility to support such transitions.

The retirement of the baby boom generation of business proprietors is predicted to result in a major turnover in ownership. Developing an ownership succession plan is especially challenging in rural areas where many small businesses are at risk of closing from the lack of locally available financing to keep them in operation. Rural Development’s Business and Industry (B&I) Guaranteed Loan Program now has new capabilities as of this August that specifically accommodate the needs of financing ownership succession.

B&I guarantee borrowers can now apply to loans for financing the transfer of business ownership within a family, usually involving a sale from parents to children. Prior to recent changes in the rules it was assumed that within families the transfer of ownership was always a seller-financed transaction. Yet, some retiring business owners may need to immediately take the sales revenue out to finance their retirement. Read more »

Making a Promise in Puerto Rico

USDA Rural Development Puerto Rico State Director Jose Otero-Garcia speaking

USDA Rural Development Puerto Rico State Director Jose Otero-Garcia speaks on USDA’s opportunities to spur economic development in the Roosevelt Roads region of Puerto Rico. Behind him (L-R) are USDA Rural Business Service Administrator Sam Rikkers, White House Puerto Rico Task Force member Fred Pfaeffle, and Leonardo San Román of the U.S. Department of Commerce.

When Roosevelt Roads Naval Base ceased operations in 2004, the surrounding region suffered a significant population and financial loss. The land transfer process from the Navy to the local government created the Local Redevelopment Authority (LRA), entity with the responsibility of leading the rebuilding process and revitalization of the former base and the adjacent communities of Ceiba, Fajardo and Naguabo. The collaboration between the LRA and the communities seeks to improve public infrastructure and renovate economic activity in the area, as well as improve access to health care, improve educational opportunities, reduce crime, and spur job creation.

The area served by the Roosevelt Roads LRA in eastern Puerto Rico was recently designated a Promise Zone by President Obama. This designation made the region eligible for funding that can help them develop job training for a modern workforce, improve access to education, and provide for the development of improved public safety and affordable housing. Read more »

Una Promesa para Puerto Rico

En la foto José Otero-García, Director Estatal de USDA Rural Development, explica las oportunidades que ofrece USDA para el desarrollo económico de la región de Roosevelt Road en Puerto Rico. Detrás de el de izquierda derecha esta Sam Rikkers, Administrador del Programa de Cooperativa y negocios y también Co-Presidente del Comité Directivo de la Zona Prometida, Fred Pfaeffle Arana, Representante de Puerto Rico en el Comité de Desarrollo de Casa Blanca y Sub Secretario de Derechos Civil de USDA Rural Development, y Leonardo San Román del Departamento de Comercio Federal.

En la foto José Otero-García, Director Estatal de USDA Rural Development, explica las oportunidades que ofrece USDA para el desarrollo económico de la región de Roosevelt Road en Puerto Rico. Detrás de el de izquierda derecha esta Sam Rikkers, Administrador del Programa de Cooperativa y negocios y también Co-Presidente del Comité Directivo de la Zona Prometida, Fred Pfaeffle Arana, Representante de Puerto Rico en el Comité de Desarrollo de Casa Blanca y Sub Secretario de Derechos Civil de USDA Rural Development, y Leonardo San Román del Departamento de Comercio Federal.

Cuando la Base Naval de Roosevelt Road cerró operaciones en el 2004, el área cercana sufrió una baja poblacional y una gran contracción. Como parte del proceso de transferencia de terrenos de la Marina de los Estados Unidos al gobierno local, se creó la Autoridad de Redesarrollo de Roosevelt Roads (LRA). Esta organización es la encargado de dirigir el proceso de planificación y revitalización de los terrenos de la antigua base junto a los municipios de Ceiba, Fajardo, y Naguabo.

El trabajo de colaboración entre estas comunidades y  la LRA busca mejorar la infraestructura pública y renovar la actividad económica del área, mejorar el ofrecimiento de servicios médicos y educativos como también crimen y la creación de empleos. Read more »

Find Your Town, a New Tool Promoting Small Towns from the White House Opportunity Project

Findyour.town homepage screenshot

Visit Findyour.town today to find opportunities to help your rural community grow.

Charming, historic, cozy, vibrant, quaint and fun. Small towns and rural places hold a special place in our vision of America. They offer residents a unique and often genial place to live. Visitors and those just passing through come to enjoy distinct lifestyles, commerce, and countryside.  Yet, many rural towns have trouble promoting themselves and planning for a vibrant future. That is why we are helping to launch Findyour.town.

At USDA Rural Development, we know small towns may also be unaware of how our programs can help them thrive. We help build new fire stations, provide affordable housing, help expand a local business, strengthen broadband infrastructure in their community and so much more. To get the word out, we are working with The Opportunity Project, a White House initiative to expand access to opportunity for all Americans by putting data and digital tools in the hands of families, communities, and local leaders, to help them navigate information about the resources they need to thrive. Private sector tech developers and federal agencies come together to build digital tools that help address critical federal policy challenges, get information directly to the people we serve, and put federal data to use in innovative new ways. Read more »