Intermediary Relending Program

Rural Oklahoma is home to many important tribal communities. Among these, the Choctaw Nation spans over ten counties in southeastern Oklahoma, while the Cherokee Nation runs along the state’s northeast border, and Muscogee (Creek) Nation lies farther west. These communities play a critical role in...

The 8th Annual Governor’s Native American Summit was held last week at Utah Valley University in Salt Lake City, Utah. Utah’s Rural Development State Director Wilson “David” Conine wanted to share with attendees the importance a community development financial institution (CDFI) can play in tribal...

Cross posted from the White House Blog: This week is National Small Business Week. The U.S. Small Business Administration (SBA), along with agencies across the Obama Administration, are hosting events in five cities. These events provide expert advice, mentoring and explore topics ranging from...

It has been nine years since the employees of the Mereen-Johnson Foundry banded together and risked their retirement savings in order to keep their jobs and secure a future for themselves and their families by buying the foundry. Dakota Foundry, Inc. is a manufacturer of gray and ductile iron...

Earlier this month, Revolving Loan Fund partners representing 13 Maine Intermediaries and 8 Microenterprise Development Organizations gathered at the USDA State Office in Bangor to listen to and share ideas for investing in rural Maine businesses. This meeting was one of dozens of Revolving Loan...

Applications are being accepted starting today from qualified non-profit and public organizations (intermediaries) to provide loans to create jobs by promoting new business development. Funding will be made available through USDA’s Intermediary Relending Program (IRP). Intermediaries work as...

Nobody in the audience was checking emails or text messages. No one was squirming and looking at the clock. In fact, all of the attendees were riveted to the presentations. The event was a recent Revolving Loan Fund Roundtable sponsored by USDA Rural Development in Phoenix, Arizona. Lyle...

Last month, USDA Rural Development’s Delaware - Maryland State Office and the State Office staff in New York hosted roundtable discussions on Revolving Loan Fund (RLF) availability. RLF programs are unique programs that provide funds to local and regional organizations to capitalize and operate...

Earlier this month, USDA Rural Development staff, Intermediary Relending providers and partners held a Rural Job Maker Initiative Roundtable at the Rural Development State Office in Raleigh, North Carolina.

Earlier this month, USDA Rural Development-Puerto Rico held an Intermediary Relending Program Roundtable meeting for area stakeholders. Our staff provided a brief overview of the program followed by a very dynamic question and answer session. The most significant issues discussed were the current...