Rural Community Development Initiative

by: Iola Bonggay

The United States Office of Rural Development is an agency that is operating within the United States Department of Agriculture.

The Office of Rural Development is the government's main agency that is primarily responsible for developing programs and approaches that are designed to aid in the improvement of the country's economy and the people's quality of life in rural areas.

For the past couple of years, the Office of Rural Development has been running the Rural Community Development Initiative project wherein they aim to establish the capacity and ability of private, nonprofit community-based housing and community development groups and organizations, as well as low-income rural communities to enhance their housing, community facilities, and also their economic and community developments projects in certain rural areas.

The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

The activities that are included in the project can include:

a) Providing training to intended grant beneficiaries regarding conducting programs on home-ownership education.

b) Providing training to intended grant beneficiaries regarding programs for minority business entrepreneurs.

c) Providing training and technical assistance to intended grant beneficiaries on how to effective prepare strategic plans.

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Rural Community Development Initiative
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Keystone Home Loan PLUS Program
The Pennsylvania Housing Finance Agency has constituted the estbalishment of the Keystone Home Loan PLUS Program wherein it aims to offer the lowest PHFA interest rate to first time home buyers in the State of Pennsylvania.

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Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

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