USDA Rural Development (RD) is a mission area within the
United States Department of Agriculture
The United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and producti ...
which runs programs intended to improve the economy and quality of life in
rural
In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically desc ...
parts of the
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
.
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.
History
The Rural Development Administration (RDA) was a USDA agency established by the
1990 farm bill (P.L. 101-624, Sec. 2302), amending the
Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer
FmHA community and business programs and other USDA rural development programs. After a brief period named "Rural Economic and Community Development" (P.L. 103-354 Subtitle C), RDA was superseded by the Office of Rural Development following the 1994 reorganization of USDA authorized by P.L. 103-354.
On October 13, 1994, the Department of Agriculture was reorganized under the
Federal Crop Insurance Reform Act of 1994 and
Department of Agriculture Reorganization Act of 1994. 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.
Operating units
*
Rural Business-Cooperative Service (RBS)
*
Rural Housing Service (RHS)
*
Rural Utilities Service (RUS)
References
{{Authority control
1994 establishments in the United States
Government agencies established in 1994
Rural
In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically desc ...
Rural community development
Rural development in the United States
Rural
In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically desc ...