USDA Rural Development

Rural Development
Official Logo of the United States Department of Agriculture
Agency overview
FormedJune 2, 1994; 30 years ago (1994-06-02)
Preceding agency
JurisdictionGovernment of the United States
HeadquartersWashington, D.C., United States
Motto"Together, America Prospers"
Employees4,500
Agency executives
Parent departmentUnited States Department of Agriculture (USDA)
Child agency
Websitehttp://www.rd.usda.gov/

USDA Rural Development (RD) is a mission area within the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural parts of the United States.[2]

Rural Development has a loan portfolio over $224.5 billion, and administers nearly $16 billion in program loans, loan guarantees, and grants through their programs. Rural Development promotes economic development by supporting loans to businesses through banks, credit unions and community-managed lending pools. It offers technical assistance and information to help agricultural producers and cooperatives get started and improve the effectiveness of their operations. Rural Development also provides technical assistance to help communities undertake community empowerment programs and helps rural residents buy or rent safe, affordable housing and make health and safety repairs to their homes.[3]

  1. ^ "U.S. Department of Agriculture Announces Key Staff Appointments".
  2. ^ "About RD". Rural Development. December 7, 2014. Retrieved January 28, 2022.
  3. ^ Dispatch, Brainerd (January 5, 2022). "USDA funding available to help low-income individuals and families buy or repair homes". Brainerd Dispatch. Retrieved January 28, 2022.