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Community Impact

Lending

In partnership with the U.S. Department of Agriculture, eligible communities and nonprofits are now able to take advantage of $5 million in new funds that have been allocated for buildings, equipment, or community facilities.

USDA Loans for Community Impact

How does it work?

Borrowers can use funds for public facilities, including:

  • Historic building renovations
  • Health care facilities such as hospitals, medical clinics, dental clinics, or nursing homes
  • Public safety services such as fire trucks and public works vehicles or equipment
  • Educational services such as museums, public schools, or child care facilities
  • Local food systems such as community gardens, food pantries, and food banks

Qualified borrowers include:

  • Public bodies
  • Community-based non-profit corporations
  • Federally recognized tribes

Projects in areas with a population of less than 20,000 in priority counties are given highest consideration. Other requirements may apply.

Loans amounts from $500,000 to $1.5 million. See our loan terms and conditions sheet to learn more.

Where to Find Us
AUSTIN 2212 S. Congress Avenue Austin, TX 78704 P: 512.912.9884 F: 512.610.2568 NMLS #1114924
DALLAS 1322 Record Crossing Dallas, TX 75235 P: 214.688.7456 F: 214.688.7465 NMLS #1114924